West Texas Intermediate crude oil was flirting with $85 per barrel in late October, the highest price in seven years. (Tim Boyle/Getty Images)
Business

Crude Oil Prices Choppy After OPEC Sticks With The Plan

The White House has been pressuring the production group to open the spigot to bring prices lower, but it was rebuffed again.
The post Crude Oil Prices Choppy After OPEC Sticks With The Plan appeared first on Zenger News. […]

A tight market and high prices are among the problems continuing to vex industry, consumers and businesses. (Photo by Joe Raedle/Getty Images)
Business

High Prices And Lack Of More Oil On The Market Add To Emerging Concerns

Commercial crude oil inventories in the U.S. market are below the five-year average for this time of year.
The post High Prices And Lack Of More Oil On The Market Add To Emerging Concerns appeared first on Zenger News. […]

Like crude oil, the average retail price for gasoline is at a seven-year-high. (Justin Sullivan/Getty Images) 
Business

Consumers Seem Unfazed By 7-Year-High Gasoline Prices

The national average price for a gallon of gas is 20 cents higher than a month ago, creating tensions in the commodities market. 
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Fast food companies like McDonald's could face more supply shortages. (Stephen Maturen/Getty Images)
Business

Running Out: Can Fast Food Favorites Beat Supply Shortages?

McDonald’s, Taco Bell and Starbucks among chains running short, as other consumer products also disappear from shelves. 
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The price of U.S. crude oil has hit a 7-year-high. (Photo by Spencer Platt/Getty Images)
Business

No Signs For An End To The Rally In Crude Oil Prices

As prices continue moving higher, energy-related inflation could pose a threat to continued economic growth.
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Gasoline prices in the United States have now hit 7-year highs. (Joe Raedle/Getty Images)
Business

‘Panicky’ Factors Could Be Behind Higher Gasoline Prices

From crude oil to gasoline and natural gas, commodity prices continue to run multiyear highs.
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