Tag: US oil price

• Tuesday, December 6th 2022 - 08:17 UTC

  US gasoline prices at the pump could fall under US$ 3 per gallon by Christmas

  

  United States gasoline prices have declined on average 16 cents to US$ 3,403 a gallon, while gas prices have declined 43 cents over the past 30 days, and are US$ 1.01 cents higher than a year ago.

• Thursday, November 8th 2018 - 07:34 UTC

  US oil output hits another record, but prices and world market remain volatile

  

  Oil prices slipped on Wednesday, continuing a recent slide after surging U.S. crude output hit another record and domestic inventories rose more than expected. The U.S. Energy Information Administration (EIA) said domestic crude inventories rose 5.8 million barrels in the latest week, more than double analysts’ expectations.

• Tuesday, January 13th 2015 - 07:39 UTC

  Goldman Sachs forecasts oil price close to 40 dollars for most of fist half of 2015

  

  The price of a barrel of the North Sea benchmark dropped on Monday by 5.5% to 47.36 dollars, its lowest level since early 2009. US crude oil was also at its lowest level since that time, down by 5% to 45.90 a barrel.

• Tuesday, January 6th 2015 - 07:41 UTC

  US oil price falls below 50 dollars threshold, and markets decline sharply

  

  The US oil price fell below the symbolic threshold of $50 a barrel for the first time since April 2009, before finishing the day at $50.05. The price of Brent crude also fell on Monday, dipping 6% to $53 a barrel.