Oil prices steadied as worries over the impact on crude supplies of war in the Middle East were balanced by reports of profit-taking.» Read More
According to GasBuddy, 10 percent of the nation's gas stations are now selling gasoline at less than $3 a gallon.
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Homeowners who heat with natural gas may be in for another winter of sticker shock because of short gas supplies.
Crude oil futures reversed course on Monday after a massive sell-off last week and ended higher on a slump in the U.S. dollar.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude started out lower but closed slightly higher. A number of areas are seeing gas prices under $3/gallon.
Michael Hsueh, vice-president of commodities research at Deutsche Bank, says OPEC members are "overproducing", and the oil price is likely to go down further.
Where gasoline prices are headed going into the fall and winter, with Chris Faulkner, Breitling Energy.
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Brent crude oil dipped below $92 once again on Friday, as analysts warned that price weakness looked set to continue.
Brent falling through $90 would put Saudi Arabia and other producers in a "real fiscal bind," RBC's Helima Croft told CNBC.
Oil fell, extending a slide that has pushed Brent to its lowest since 2012, as abundant supplies and a strong dollar weighed on the market.
The world's largest economy's trade deficit narrowed unexpectedly in August, due in large part to a record surge in petroleum exports.
Dan Dicker, The Street.com senior contributor, explains why oil prices are likely to keep falling as the U.S. dollar remains strong.
U.S. gasoline prices are the lowest in four years following a drop in crude oil futures, the nation's largest motorists group said.
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