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Oil prices shoot higher as softer U.S. dollar triggers 'short squeeze' rally - Vimarsana News

Oil prices shoot higher as softer U.S. dollar triggers 'short squeeze' rally

Oil prices shoot higher on Thursday, adding to their gains from Wednesday's session as a weaker U.S. dollar helps boost commodity prices.

Oil prices tread water as traders await Fed - Vimarsana News

Oil prices tread water as traders await Fed

Oil futures were treading water early Wednesday as investors waited to hear from the Federal Reserve. Both U.S. and global benchmarks were trading slightly...

Here's what the COP28 pact to phase out fossil fuels means for oil - Vimarsana News

Here's what the COP28 pact to phase out fossil fuels means for oil

Nearly 200 parties reached an agreement Wednesday at the U.N Climate Change Conference to phase out fossil fuels, but the oil market isn't exactly shaking in...

EIA expects power from solar, wind generation to top coal next year - Vimarsana News

EIA expects power from solar, wind generation to top coal next year

Renewable energy is set to take on a greater role in the new year, with solar and wind together set to generate more power than coal for the first time ever,...

Gas prices may fall below $3 a gallon, a 'nice surprise' for holiday travelers - Vimarsana News

Gas prices may fall below $3 a gallon, a 'nice surprise' for holiday travelers

U.S. gasoline prices at the pump are declining, and may even drop below $3 a gallon on average before the year is done.