Gas prices above $4 a gallon for 166 days
Gas prices have hit a grim milestone for the year.
Oil Prices
Trump’s diesel deal with Putin draws criticism from a frustrated Congress
The House speaker stood before Donald Trump during his first term at the White House and pointed a finger, declaring that with this president, “All roads lead to Putin.”
Gas prices jump in the Midlands
Gas prices here in the Midlands have jumped 15 cents over the last week.
Oil output gradually returns in Gulf
Oil production is gradually recovering in the Gulf of Mexico after shutdowns and evacuations caused by Hurricane Isaias.
Trump says US to get diesel from Russia, relaxing pressure on Moscow to ease prices before midterms
President Donald Trump said that he has struck a deal to obtain diesel from Russia, a stunning reversal of years of U.S. pressure on Moscow over its war with Ukraine and an attempt to address high fuel prices ahead of the U.S. midterm elections.
Oil prices rise amid tanker attacks
Tensions in the Strait of Hormuz have led to oil ticking over $100 per barrel again.
G7 nations agree to release 100 million barrels of oil, including diesel, a boost for Trump
The Group of Seven industrial nations said they agreed to release 100 million barrels of oil, starting with “substantial” amounts of diesel after the fuel recently hit record high prices in the United States, where President Donald Trump said the diesel release would happen “immediately.”
Stocks hold steady on Wall Street as oil prices ease, Treasury yields remain stable
Stocks held steady on Wall Street Tuesday as falling oil prices and stable Treasury yields took some pressure off the market.
Bond yields crank higher and undercut US stocks as uncertainty drags on about the Strait of Hormuz
Yields in the U.S. bond market cranked higher Monday and again reached their highest levels in roughly two decades, which knocked U.S. stocks further from their record high.
Gas prices at record high
AAA reports the cost of regular gas is on track to set a new September record.
