Oil prices soar as Iran names new supreme leader and digs in
Oil prices spiked near $120 per barrel Monday as the Iran war intensified, threatening production and shipping in the Middle East and pummeling financial markets.
Crude Oil Prices
Energy Agency Says Gasoline Will Average Under $2 in 2016
Gasoline under $2 a gallon? For a whole year? That’s the government’s latest forecast. The U.S. Energy Information Administration said Tuesday in its monthly short-term energy outlook that regular gasoline will average $1.98 a gallon nationwide in 2016. If the forecast is right, it will be the first time since 2004 that U.S. drivers have paid a full-year average of…
