US Gasoline Margins Slump on Lackluster Summer Demand
Gasoline futures were last down about 2.8% and their premium over West Texas Intermediate crude oil futures shrank to their weakest since Nov. 7, 2023.
What's Affecting Oil Prices This Week? (July 1, 2024)
Stratas Advisors expects price movements in the coming week to be dampened because of economic and political uncertainty.
Russia Forming Joint Organization With OPEC Highly Unlikely Given US Sanctions Risk
Proposed U.S. legislation known as "NOPEC" could open OPEC up to anti-trust lawsuits, which complicates plans for an OPEC+ format that would've included Russia, the country's energy minister says.