exporting countries particularly hard.
The recent drop in crude futures has helped to make retail gasoline cheaper in the United States. Prices have fallen by an average of 13 cents per gallon (3.8 liters) since peaking this year above $3.93 in (...)
month high Friday, threatened US economic gains just after the government said the US unemployment rate fell to 8.9 percent in February.
The Labor Department said the economy added 192,000 jobs last month. That suggests more people will be driving (...)
time high of $119.90 a barrel late on Tuesday. A Saudi analyst has predicted that the oil prices will touch the $150-mark by the end of the year that will increase the inflation rate heavily. Adjusted for inflation, oil is now above the $101.70 peak (...)