There’s a record 1.4 billion barrels of crude currently on the world’s oceans, pushing down benchmark prices and sending gasoline under $3 a gallon at the pump in the US.

Oil made headlines for plummeting prices in 2020 due to the impact of COVID-19. Here, we review what happened to oil prices ...

Previously, we reported that the national average price of gasoline in the United States has dropped below $3 a gallon for the first time in years, in large part due to OPEC+ returning more barrels to ...

Consumers could continue to see lower gas prices if oil prices decrease in the new year. The U.S. Energy Information Administration is projecting lower oil prices in the first quarter of 2026, though ...

NEW YORK - APRIL 15: Traders call out during activity in the crude oil options area on the floor of the New York Mercantile Exchange April 15, 2008 in New York City. Oil prices set a new record high ...

Oil prices have fallen sharply this year as the global supply has remained strong and demand has been slow to grow. By Rebecca F. Elliott The price of oil has dropped to some of its lowest levels of ...

A BofA Global Research report sent to Rigzone recently noted that BofA sees 'a[n] [oil price] floor likely forming at $55 per barrel'. A BofA Global Research report sent to Rigzone by the BofA team ...

In my October 28, 2025, recap of the energy sector in Q3 on Barchart, I concluded with: Crude oil is the leading energy commodity that continues to power the world. U.S. energy policy, OPEC+ ...