P.E.I.'s Island Regulatory and Appeals Commission announced an increase in the prices of gas, heating oil and diesel overnight, one day ahead of the regular weekly price review. (Mitch Cormier/CBC ...

Crude oil prices were set for their third week of gains today, as demand for heating fuel kept prices elevated. The gains are modest for both Brent crude and West Texas Intermediate but indicative ...

Crude oil prices remained stable today after dipping on Tuesday following the release of the Energy Information Administration’s latest Short-Term Energy Outlook. In the outlook, the EIA ...

President Donald Trump has vowed to lower oil prices and unleash a fossil fuel frenzy during his second term, but he likely has very little room to bring crude prices down further. That's because ...

LONDON, Jan 17 (Reuters) - Global diesel prices and refining margins spiked following the latest round of U.S. sanctions on Russia's oil trade on expectations the measures would tighten supplies ...

NEW YORK, Feb 3 (Reuters) - Oil prices ... bank to change the direction of monetary policy. Higher inflation could prompt the Fed to raise interest rates to combat rising prices.

MANILA, Philippines — Oil companies have slashed ... Effective on Tuesday, the prices per liter of gasoline would go down by 80 centavos, diesel by 20 centavos and kerosene by 50 centavos.

Petrol prices in January 2025 remained unchanged from December 2024 and were the lowest in the past year. Meanwhile, global oil prices surged at the beginning of 2025 due to US sanctions on Russia.

from climate change policies to diversity. “I'm also going to ask Saudi Arabia and OPEC to bring down the cost of oil." The remarks were the first of Trump's four-day-old presidency to global ...

Getty Images Oil prices rose Friday, with global benchmark futures recently at their highest levels since the fall. Part of the reason: a report citing the possibility of heightened U.S. sanctions ...