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OIL PRICE INFORMATION SERVICE

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abtest

Average gas price soon under $2, lowest since recession

By David Koenig | December 12, 2015 - 5:00pm

Gasoline is close to breaking below a key psychological barrier as drivers enjoy some of the cheapest pump prices since the recession.

World

Oil rises to $99, still buoyed by Fed

September 15, 2012 - 7:00am

Oil rose for a second day on the back of the Federal Reserve's aggressive plan to boost the U.S. economy. More gains are expected, but that might not translate into a spike in prices at the gas station.

Oil price falls below $100

May 6, 2012 - 12:00am

NEW YORK (AP) — The price of oil suffered its biggest one-day decline in nearly six months Friday, falling below $100 per barrel for the first time since February.

Business

Spring: A time for flowers, high gasoline prices

April 8, 2012 - 3:20am

Ahh, spring. The days get longer, flowers bloom, and gasoline gets more expensive.

Oil prices rising to near 2011 highs

February 27, 2012 - 12:00am

Oil prices are approaching last year’s highs as tensions increase over Iran’s nuclear program. The rise pushed gasoline prices on Friday to a national average of $3.65 per gallon, the highest...

Business

Crude settles above $70 on supply data

October 1, 2009 - 4:30am

Oil prices climbed more than 5 percent, surpassing $70 a barrel yesterday after a government report said the nation's gasoline supply dropped unexpectedly and demand increased from last year.

Oil prices surge near $71 a barrel for 4th week

August 9, 2009 - 12:00am

Oil prices are surging this month on fresh evidence the US economy is pulling itself out of recession.

Business

Crude prices tumble below $35

January 16, 2009 - 1:05am

NEW YORK (AP) – Oil prices tumbled below $35 a barrel yesterday as new employment claims rose and government reports show that unused gas and oil inventories continue to build.

GLOBAL NEWS: Demand Destruction: Oil prices drop to 1-year low

October 10, 2008 - 4:53am

NEW YORK (AP) - Oil prices closed at their lowest level in a year yesterday, falling below $85 a barrel...