Crude oil

chutarat sae-khow - Getty Images
Chris Miller
September 26, 2019 - 10:58 am
Has the spike in gas prices after the attack on a Saudi oil facility run its course? The price of oil dropped during Wednesday's trading, about two dollars a barrel above where it was shortly before a Saudi Oil facility was attacked by suspected Iranian forces, and the price of gasoline also...
Read More
bowie15 - GettyImages
Jim Hanzo
August 26, 2019 - 8:31 am
Crude oil prices are sitting at just under 55 dollars a barrel as the summer is coming to an end. So what does that mean for prices at the gas pump? "By the fall we are looking at a statewide average of around $2.05 a gallon and many service stations will be well under that," said AAA fuel analyst...
Read More
bowie15/Getty Images
Chris Miller
August 08, 2019 - 12:06 pm
Gasoline prices may have hit their summer peak already, and are now sliding again. Demand for crude oil has fallen, says AAA analyst Don Redman. So why is demand down all of a sudden? "The market is concerned about global economic concerns, and we've seen the price of crude drop about two dollars a...
Read More
Jim Hanzo
August 07, 2018 - 7:20 am
Property insurers are relying on more drones, small aircraft and artificial intelligence to accelerate claims this hurricane season - but there are signs the push for speed could pose new headaches for the industry. Last year marked the first widespread use of aerial technology to pinpoint damages...
Read More
Jim Hanzo
April 20, 2018 - 9:30 am
Prices at the pump are responding to the increased demand and higher oil prices. The price of crude has risen above 68 dollars a barrel the first time since 2015, which is great for people in the oil industry, but bad for customers at the pump. AAA's Don Redman calls it a mixed blessing for folks...
Read More
Don Ames
April 12, 2018 - 9:02 pm
Stocks put in some strong gains Thursday. The Dow was up 293 to 24,483; the S&P gained 21 to 2664 while the Nasdaq rose 71 to 7140. Thursday’s strength on Wall Street comes as President Trump downplayed concerns about military action in Syria. On Twitter, the President stated that he "Never...
Read More
April 03, 2018 - 11:12 am
Are we seeing the price of oil slowing dropping again? Right now the price of crude is still above the 60 dollars a barrel mark. It's come down a bit when we were looking at the mid 60s in recent weeks. Eric Smith, Professor of Tulane Energy Institute at the AB Freeman School of Business says what...
Read More