All the reasons crude oil might go back to $100 a barrel
There is a risk that oil prices could hit $100 per barrel next year for the first time since 2014, according to new research from Bank of America Merrill Lynch.
Gas prices are rising again—what can we do?
As we’ve been warning would happen for a while now, oil prices are rising again. Oil prices have already reached $80 per barrel, and look unlikely to stop increasing anytime soon.
Trump to carmakers: ‘Build more cars’ in the U.S.
President Donald Trump pressed automakers to build more cars in the U.S. during a meeting Friday with representatives from top international car manufacturers, including CEOs from all of the Detroit Three.
Trump administration irked with car makers on fuel-economy policy
The leaders of the world’s biggest car companies are arriving at the White House on Friday, and it may be their last chance to stop the Trump administration from a head-on collision with California.
Oil prices rise after Trump’s Iran speech, but supply and demand also fuel increase
U.S. drivers who’ve noticed higher prices at the pump may be tempted to blame Trump’s Iran decision, but it’s only one factor at play right now.
U.S. seeks to quickly curb Iran oil after scrapping deal
The U.S. is giving its allies 180 days to extricate themselves from Iranian oil deals, making explicit its desire to start curbing the nation’s crude exports quickly in a bid to go after Tehran’s economic lifeline.
Oil prices could keep rising. Here’s why
Hedge fund manager Kyle Bass thinks demand for oil is about to go up. “Crude is going to go from a glut to a shortage in the next two years.”
Trump accused OPEC of jacking up oil prices. Here’s what he means
President Donald Trump’s broadside against foreign oil producers on Friday took investors by surprise and included some notable inaccuracies about the state of the oil market.
Automakers push Congress for higher fuel standards
Two weeks after winning a victory against aggressive federal fuel economy rules aimed at speeding adoption of electrified vehicles, the U.S. auto industry went to Capitol Hill last week to press Congress for a national fuel octane standard that would help increase the efficiency of the internal combustion engine.
Oil prices jump to highest level since 2014 amid Middle East tensions
Oil prices jumped to their highest level since 2014 Wednesday, as worries about fighting in the Middle East spooked markets.
