• Oil slides after China announces tariff on US crude

    6 monthes ago - By Business Insider

    Oil prices fell more than 1% early Wednesday.
    Beijing announced American crude exports to China will be subject to a 25% retaliatory tariff.
    Watch oil trade in real time here.
    Oil prices slumped Wednesday after Beijing announced it would retaliate against the Trump administration with a 25% tariff on another $16 billion worth of US products , including crude exports to China.
    West Texas Intermediate , the US benchmark, shed 2% to $67.70 per barrel after the Ministry of Commerce released a new list of American goods that will be subject to tariffs. Brent was down 0.6% to just above $74 a...
    Read more ...


  • Gasoline Prices Flat As Crude Oil Stabilizes

    Gasoline Prices Flat As Crude Oil Stabilizes

    6 monthes ago - By ETF Daily News

    From Jill Mislinski : The price of Regular was up one penny and Premium was unchanged from last week. According to GasBuddy.com , Hawaii has the highest average price for Regular at $3.71 and San Francisco, CA is the most expensive city, averaging $3.75.
    Mississippi has the cheapest at $2.55. The WTIC end of day spot price closed at 69.01, a 1.6% increase from this time last week.
    How far are we from the interim high prices of 2011 and the all-time highs of 2008? Here's a visual answer.
    The next chart is a monthly chart overlay of West Texas Light Crude, Brent Crude, and unleaded gasoline...
    Read more ...