You Searched For "gasoline" and got 20 results
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2 mins read
BMW CEO: A 2035 gasoline ban will hit the European car industry 'in its heart' and make it reliant on Chinese batteries
BMW CEO Oliver Zipse said the EU's ban on gasoline cars could "threaten the European automotive ind…
Kwan Wei Kevin Tan
2 mins read
Russia is still passing $2 billion worth of its oil products to the West via middlemen, think tank says
Western countries have bought billions of dollars worth of Russian oil from Turkish refiners, a stu…
Jennifer Sor
1 min read
Russia will reportedly ban gasoline exports for 6 months to offset 'excessive' demand for crude products
The ban is meant to address rising domestic demand, and comes ahead of the March presidential elect…
Yuheng Zhan
3 mins read
The stock market risks keeping Wall Street's biggest bulls up at night
"From a sentiment perspective, we're one bad macro data point away from a pullback," BMO's Brian Be…
Matthew Fox
2 mins read
Exxon says oil and gas will still be the dominant sources of energy by 2050
Exxon says oil and gas use will remain high until the middle of this century, as the world populati…
Kelly Cloonan
1 min read
Gasoline prices fall as weakening demand sends refining margins crashing
Gas prices were at $3.575 a gallon on Wednesday, according to AAA, down from $3.584 a day ago and $…
Aruni Soni
2 mins read
Here's why gasoline prices could sink 9% by year-end despite oil's surge
Prices at the pump might fall as low as $3.25 by the end of 2023 amid seasonal shifts and overprodu…
Filip De Mott
1 min read
Gasoline prices are heading lower after Saudi Arabia pushed oil prices too high and crushed demand, analyst says
Wholesale gas prices will come down in the coming months as demand keeps sliding, Paul Sankey told …
Filip De Mott
2 mins read
IEA slashes oil demand outlook amid the end of the post-pandemic rebound and expanding EV adoption
The latest bout of Middle East turmoil has ratcheted up fears that oil could soon hit $100 a barrel.
Yuheng Zhan
2 mins read
Why oil prices already at highs could surge another 10% by summer, according to BofA
Bank of America predicts Brent and WTI peaking around $95 per barrel in summer, a roughly 10% jump …
Yuheng Zhan
1 min read
Oil prices spike on crude inventory update and Powell's rate-cut outlook
The Israel-Hamas war, Red Sea attacks, and the West's sanctions on Russia's oil trade have helped k…
Yuheng Zhan
1 min read
American drivers are guzzling less gas as they work from home, in a potential shift for global oil: 'The heyday of gasoline is over'
The EIA has forecast that US consumption of gas will keep falling, and any drop in demand is signif…
Zinya Salfiti
2 mins read
US stocks close mixed ahead of revised US growth data and big lineup of Fed speakers
Ahead of other Fed speakers this week, Governor Michelle Bowman said it's too soon to start cutting…
Filip De Mott
2 mins read
Oil slides 4% as US gasoline demand shows signs of dropping off right in the middle of the summer driving season
The damage to consumer demand from gasoline at $5 a gallon was apparent in an unexpected build in w…
Amanda Cooper
1 min read
US gas prices will surge even higher thanks to shrinking stockpiles and refinery bottlenecks, Rystad Energy says
Wholesale gas prices fell this week, but the drop is only temporary, Rystad said. It expects supply…
Harry Robertson
1 min read
A woman who poured gasoline on the Atlanta birth home of Martin Luther King Jr. charged with attempted arson, police say
A woman who attacked Martin Luther King Jr.'s birth home was arrested and charged with attempted ar…
Thibault Spirlet
2 mins read
IEA chief warns of summer fuel shortages and a triple energy crisis that will outstrip the oil shocks of the 1970s
"We have an oil crisis, a gas crisis and an electricity crisis simultaneously," the International E…
George Glover
2 mins read
Gas prices are headed to $6 a gallon in the US as the summer driving season kicks off, JPMorgan says
Drivers in California are already paying more than $6 a gallon for gas, according to AAA, and just …
Carla Mozée
2 mins read
One of Wall Street's biggest bulls is growing increasingly worried about a stock market meltup
"The problem with meltups is that they do need to meltdown," market veteran Ed Yardeni told CNBC on…
Matthew Fox
1 min read
Wells Fargo says US inflation could drop to 5% by October, given the plunge in gasoline prices
Gasoline prices have tumbled from over $5 a gallon in June to roughly $4 as of Tuesday, which has r…