Oil prices rise sharply in market trading after attacks disrupt supply
Oil prices rose sharply when market trading began late Sunday over concerns that the supply from Iran and elsewhere in the Middle East would slow or grind to a halt.
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Oil prices rose sharply when market trading began late Sunday over concerns that the supply from Iran and elsewhere in the Middle East would slow or grind to a halt.
This year's robust stock market performance defied analysts' predictions as investors cheered prospects of lower interest rates and inflation.
President Biden announced the release of 15 million barrels of oil from the U.S. strategic reserve as part of a response to recent production cuts announced by OPEC+ nations.
Those traveling by car this holiday season can breathe a little easier, and with a heavier wallet.
Mayor Michael Bloomberg and T. Boone Pickens took to City Hall Park on Thursday to unveil the Neapolitan Express, the first ever food truck completely powered by compressed natural gas.
The current average price for regular gasoline in the Tri-State Area is about $3.27. The unrest in Libya could drive that even higher.