News

Why are oil prices falling? And what does it mean for Long Islanders?
Lower fuel costs could create savings for consumers, but economic threats posed by tariffs still a concern, a local economist ...
Oil Prices Fall as OPEC Increases Supply Despite Fears of an Economic Slowdown
U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.
'This oil price doesn't work': Diamondback CEO says US shale production has peaked
The head of the largest independent oil producer in the Permian Basin predicts US shale production has peaked and will likely ...
Wall Street loses ground, breaking a 9-day winning streak, and crude oil prices tumble
Stocks closed lower on Wall Street, breaking a nine-day winning streak. Crude prices fell to a four-year low Monday after the ...
Oil Prices Drop as OPEC+ Agrees To Boost Supply Again
Oil prices dropped Monday, as the Organization of the Petroleum Exporting Countries and its allies agreed to boost output ...
Colombia's Ecopetrol plans cost cuts as lower oil prices bite
Colombia's state oil firm Ecopetrol is planning to cut some 1 trillion pesos ($232 million) in costs and expenses and ...
Oil prices have crashed to 4-year lows. That means cheaper gas for Americans hitting the roads this summer.
Gas prices in the US are averaging about $3.12 per gallon, and could drop below $3 this summer as oil trades at the lowest ...