Brent crude

Gas Prices Hit Record October High as AAA Warns of Costs

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Gas station price sign showing high per-gallon prices for regular gasoline and diesel in the United States

Gas prices October record AAA warnings became official this week, as the motoring group said this month is on pace to become the most expensive October ever for U.S. fuel — with the national average for regular gasoline at $4.29 a gallon. As of Friday, October 23, the national average stood at $4.29 per gallon, … Read more

Oil Prices Surge Above $105 as Iran Tensions Escalate

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Oil prices surge shown by offshore platform at sunset as Brent crude tops $105 a barrel

An oil prices surge pushed Brent crude above $105 a barrel on Thursday, as traders weighed reports that the United States could resume major strikes on Iran, fresh attacks in the Red Sea region and storm-related shutdowns in the Gulf of Mexico. The move extended a volatile week for energy markets and added to inflation … Read more