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US gasoline average price tops $5 per gallonThe price of US gasoline averaged more than $5 a gallon (3.78 litres) for the first time on Saturday, data from the AAA showed, extending a surge in fuel costs that is driving inflation. The national average pr More… |
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Oil falls $1 on demand fears, stronger dollarOil fell more than $1 on Thursday on concerns of high prices sparking demand destruction and a stronger dollar, outweighing the impact of a drop in US gasoline stocks and continuing conflict in Libya. On the day commodities giant Glencore More… |
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Oil gains above $51 on gasoline drawOil rose well above $51 a barrel today (April 30), extending the previous day's gains as traders focused on improving economic data and draining fuel stocks rather than the worsening swine flu outbreak. A surprise 4.7 million barrel de More… |
