Topic
global oil market
2 stories related to this topic, newest first.
business27 days ago
US Gasoline Prices Rise Despite Low Reliance on Middle East Oil Imports
Gasoline prices in the United States increased to an average of $4.16 per gallon on April 8 amid the Iran war, despite the country importing only 8% of its oil from the Middle East. The rise occurred due to global oil market dynamics, with crude prices climbing from $67 to $105 p…
finance29 days ago
Goldman Sachs Vice Chairman Robert Kaplan Discusses Markets and Federal Reserve in CNBC Interview
Robert Kaplan, Vice Chairman at Goldman Sachs, appeared on CNBC's 'Closing Bell' program. He addressed the current state of financial markets amid geopolitical uncertainty. Kaplan also covered the global oil market and its implications for the Federal Reserve.