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Wholesale Prices in US Decrease, Led by Plunging Fuel Costs

Wholesale prices in the United States declined in December from the prior month, showing inflation remains well-contained as Federal Reserve officials weigh further increases in the benchmark interest rate.

January 15, 2016

Brent Crude Oil Dips Below $30 a Barrel for First Time Since 2004

Brent oil dropped below $30 a barrel for the first time since April 2004 on speculation Iranian shipments will soon climb.

January 14, 2016

Electric Trucks Already in Service in California, but Obstacles to Widespread Use Remain

Those who think that electric trucks are a pie in the sky idea dreamed up by an environmentalist, meet Michael Simon.

January 13, 2016

Oil Trades Near 12-Year Low as US Surplus Seen Worsening

Oil rose from the lowest close in more than 12 years in New York as volatility climbed amid speculation that prices have fallen too fast.

January 12, 2016

Oil Seen Heading to $20 on Dollar Strength, Morgan Stanley Analysts Say

A rapid appreciation of the U.S. dollar may send Brent oil to as low as $20 a barrel, according to Morgan Stanley.

January 11, 2016

Diesel Falls to $2.177, Down 3.4¢; Gasoline Below $2

The U.S. average retail diesel price fell for the ninth consecutive week, down 3.4 cents a gallon to $2.177, the Department of Energy reported Jan. 11.

January 11, 2016

Diesel Drops 2.4¢ to $2.211; Oil Inventories Hit New Peak

The U.S. average retail diesel price fell for the eighth consecutive week, dropping 2.4 cents a gallon to $2.211, as oil inventories stood at the highest point in nearly a century, the Department of Energy reported Jan. 4.

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January 11, 2016

Oil Near 12-Year Low as China Volatility Stays in Focus

Oil traded near a 12-year low Jan. 8 as investors focused on volatility in Chinese markets after the country sought to quell losses in equities and stabilize its currency.

January 8, 2016

Oil Drops to 11-Year Low Despite Tension Between Saudi Arabia, Iran

Oil prices dropped over 2% toward its 11-year low Jan. 5 as traders shrugged off growing tension between two of the world's biggest oil producers and focused on a stronger U.S. dollar and swelling U.S. crude inventories.

January 6, 2016