Soybeans closed higher Thursday and made new highs for the move. Yesterday’s high of $12.38 3/4 was the highest tick since May 27 of 2024. The markets continued to see fund and technical buying ...
U.S. refineries are fully capable of processing shale oil but were built around heavy, sour crude after tens of billions in capital upgrades — running too much light crude sidelines that expensive ...
Americans are paying the highest prices for gasoline in nearly four years, leading to frustration at the pump and to worries ...
The United States produces almost as much oil as Russia and Saudi Arabia combined when measuring the combination of crude oil and natural gas liquids such as butane, ethane and propane — a common way ...
Yes, higher crude oil prices mean a multibillion-dollar cash infusion to the oil industry. But volatility is bad for business, and sustained high prices come with very serious drawbacks.
Crude oil, the kind you might see bubbling up from the ground Jed Clampett-style, has been used for thousands of years. It's found employment doing everything from waterproofing for boats to burning ...
Rising oil prices, fueled by ongoing conflict in the Middle East, have fanned concerns of a supply shock that could spur ...