New Palestine government leaders and business owners gathered Friday morning for a grand opening ribbon cutting ceremony for ...

And oil spills destroy supply and require a labor-intensive clean up. “Sometimes there are huge changes in price because of a real disruption in supply, too, like a cyber attack on the pipeline ...

In its most recent “Short-Term Energy Outlook,” the EIA also projected that Brent crude oil spot prices—a benchmark for oil prices— will average $74 per barrel in 2025, compared to an ...

Technological developments and changes in resource distributions along the oil supply chain will also impact crude oil spot prices. The increased focus on renewable energy is already accelerating such ...

Workers have more money to spend, which pushes prices higher. Inflation ... globalization, or widespread changes in consumer demand, will always exist as well. “Full employment is when the ...