CNBC's Sharon Epperson reports that even though gas prices have pulled back, futures are up over where they were a year ago. For the past 33 days, retail gas prices have climbed, she reports, and the national average is $3.75/gallon.
Gas futures surged to a six-month high on Wednesday, leading some to think the rally could continue.
As gasoline futures soared to the highest level in nearly three months, pro traders differ on how to play it.
Stocks finished mixed in volatile trading Tuesday, but uncertainty over the timing of Spain's bailout request and ongoing fears over the slowing global economy put a lid on gains.
U.S. stock index futures were higher Tuesday amid expectations the Spanish government will soon request a bailout, a step necessary to alleviate the euro zone's debt crisis
Take a look at some of Tuesdays morning movers.
Last September, Sunoco and ConocoPhillips announced they would both close their Pennsylvania oil refineries. Fortunately, a public/private/labor partnership solution came together.
More than three out of five of the sport's fans say that even in tough economic times, they will continue to support NASCAR sponsors over other brands.
Market expectations are running so high for the European Central Bank’s meeting Thursday, that it can only disappoint.
Take a look at some of Monday's midday movers:
CNBC's Kate Kelly report the latest details on private equity firm Carlyle Group teaming up with Sunoco to keep the largest refinery on the East Coast open.
Stocks closed sharply higher after a wild final hour of trading Thursday following a report that central banks are preparing coordinated action to provide liquidity after the Greek election.
CNBC's Kate Kelly reports that Sunoco is close to finalizing a deal with the Carlyle Group for its Philadelphia refinery.
U.S. stock index futures rebounded Thursday amid growing hopes for stimulus from the Federal Reserve on the heels of several weak economic reports, but ongoing uncertainties in the euro zone kept a lid on gains.
Financial sponsor Carlyle Group is closing in on a deal to purchase a large Sunoco oil refinery in Philadelphia, according to three people familiar with the matter, in a transaction that could be completed in a matter of days, one of these people said.
Stocks ended lower in thin trading Monday, with the S&P and the Nasdaq posting a loss for the month of April, following a handful of mixed economic reports in addition to news that Spain slipped into a recession.
U.S. stock index futures were largely unchanged Monday after news that Spain slipped into a recession and as investors looked to take a breather following a four-day rally that sent the S&P 500 over its 1,400 milestone.
Take a look at some of Monday's morning movers:
Delta Airline’s much-maligned hope to purchase an East Coast oil refinery hinges on the aid of two important partners: JPMorgan and Big Oil.
Gas prices are rising because demand is rising in the developing world, which is a more consistent and growing pressure than fluctuating tensions in the Middle East, the Christian Science Monitor reports.