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Gas prices are close to a two-year low, even with war raging in the Middle East. Here’s why

Post author:Author
Post published:November 1, 2024
Post category:Business

Open this photo in gallery:A pump jack at sunrise near Bakersfield, Cali., on Oct. 14, 2014.Lucy Nicholson/ReutersDrivers and investors alike may have realized that the world is not in the…

Oil falls 6 per cent on reduced risk of wider Middle East war

Post author:Author
Post published:October 28, 2024
Post category:Business

Oil prices tumbled 6% on Monday, or more than $4 a barrel, after Saturday’s retaliatory strike by Israel against Iran’s military bypassed oil and nuclear facilities, not disrupting energy supplies.Brent…