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Gasoline Decline as Fuel Price Rising and Weak Demand
Pump prices for regular gasoline increased 0.5 cent to $3.474 a gallon on average nationwide on Oct. 18, according to the American Automobile Association. That’s the highest level since Sept. 26. Refined oil product imports fell to the lowest level in 12 years, according to the U.S. Department of Energy. The survey is based on [...]
Sunday, October 23rd, 2011Asia Oil Prices Rose a Barrel as US Crude and Gasoline Supply Data
Oil prices rose above $91 a barrel Thursday in Asia amid mixed U.S. crude and gasoline supply figures and violent street clashes in Egypt. Benchmark crude for March delivery was up 37 cents at $91.23 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract settled 9 cents [...]
Thursday, February 3rd, 2011