Fed, Price Futures
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Oil traders looked past expectations for an interest-rate cut by the Federal Reserve on Wednesday, pulling U.S. benchmark prices for crude down for the first time in four sessions, even as [the Energy
Crude oil inventories in the United States decreased by 9.3 million barrels during the week ending September 12, after adding 3.9 million barrels in the week prior
This story was originally published by Grist with the headline How low oil prices turned Trump’s call to ‘drill, baby, drill’ into a pipe dream on Sep 16, 2025.
Crude oil futures rose modestly after OPEC+ said it will continue unwinding voluntary production cuts in October with a 137K bbl/day increase, smaller than some market watchers expected.
The Russian Finance Ministry announced a new measure on Thursday that it said was aimed at shielding the state budget from oil price fluctuations and Western sanctions targeting Russian energy exports.
Traditional energy companies have lost their luster over the past three years ever since the commodity price spike in 2022. However, being out of fashion hasn't deterred Warren Buffett from allocating over 11% of his stock portfolio between Chevron and Occidental as of the last quarter.
Crude benchmarks edged lower on Wednesday, with Brent (CO1:COM) down 0.4% at $68.17 a barrel and West Texas Intermediate (CL1:COM) sliding by 0.5% to $64.21 by 8:51 a.m. ET. Analysts noted that ongoing worries about Russian output,
The U.S. Energy Information Administration's short-term outlook for oil prices forecast a slide in prices, potentially leading to lower rig counts and more job losses.
Gas prices in Oregon and Washington are surging due to an outage at the Olympic Pipeline, as well as planned and unplanned maintenance at refineries in Washington and California, but AAA Oregon/Idaho said Tuesday the situation should ease and prices begin falling soon.
Arizona gas prices have increased. A new report forecasts how gas prices will change across the country and in Arizona. Here are three major takeaways
Crude oil prices declined for a second consecutive session on Thursday, weighed down by persistent concerns over a potential supply surplus and weakening demand in the U.S. market.