Page 19 - John Kilduff News Today

U.S. gasoline prices are the lowest they have been since January and by Christmas could fall below $3 a gallon for the first time since 2021, analysts said, which should boost consumer confidence... -December 06, 2023 at 06:09 am EST - MarketScreener

U.S. gas prices have declined for 11 consecutive weeks and could fall below an average of $3 per gallon nationally for the first time since 2021, analysts predict

U.S. gasoline futures dropped to their lowest level in two years on Wednesday after the Energy Information Administration reported a larger-than-anticipated build in the motor fuels stockpiles. ... -December 06, 2023 at 02:10 pm EST - MarketScreener

In the end, Saudi Arabia may have only one option: Launch a supply war by flooding the market with oil.

Traders are concerned the cuts are only voluntary, raising the question of whether OPEC+ can follow through and curtail output, an analyst said.

Traders are concerned the cuts are only voluntary, raising the question of whether OPEC can follow through and curtail output, an analyst said.

Traders are concerned the cuts are only voluntary, raising the question of whether OPEC can follow through and curtail output, an analyst said.

Traders are concerned the cuts are only voluntary, raising the question of whether OPEC can follow through and curtail output, an analyst said.

(This Nov. 24 story has been corrected to add weekly loss data in paragraph 2 and show that there was no weekly oil price gain in the headline and paragraph ..

Members of the OPEC+ oil cartel are weighing a range of production options as they gear up for their meeting this week in Vienna, where they will decide whether to extend oil production cuts or deepen them heading into 2024.