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Oil Price - Michigan gas prices hit lowest level since 2021
Gas prices in Michigan are the lowest they have been in more than four years, according to AAA. A gallon of unleaded gas is currently $2.79. If crude oil prices and demand continue to fall, AAA says ...
Treasury 10-Year Yields May Hit 3.75% on Oil Slide, Yardeni Says
Falling oil prices may drive benchmark Treasury yields back to levels last seen more than a year ago, according to Wall Street research veteran Ed Yardeni.
Oil Recovery to Determine Saudi Fiscal Trajectory, IMF Says
Saudi Arabia’s fiscal and current accounts would benefit most from a rebound in oil prices and production, according to the International Monetary Fund, despite the government’s progress in ...
Oil prices fall as concerns about supply glut mount
Oil prices fell around 1% on Monday as investors weighed a potential global glut, with U.S.-China trade tensions adding to concerns about an economic slowdown and weaker energy demand. Brent crude ...
Oil Prices Sink as Tanker Traffic Highlights Supply Surge
Over 1.2 billion barrels of oil are currently in transit on tankers, driven by increased supply from OPEC+ and non-OPEC+ exporters, longer voyages, and rising production from the Americas.