The Latest Breaking News from Gas Prices

The chief executive of Brazil’s state-run oil giant Petrobras resigned amid political pressure from top lawmakers and President Jair Bolsonaro

Gas prices are expected to rise as demand increases across the country.

Rishi Sunak under fire for not doing more to help households tackle climbing costs

Squeeze on wholesale gas prices around the world driving up household bills

Oil and gas prices have remained elevated over the past few months due to the tighter supply caused by the ban on Russian oil and surging demand. However, Southwestern Energy (SWN) hasn’t been able to capitalize on the high oil prices because of its fundamental weakness. However, Occidental Petroleum (OXY),…

Last week, the national gas average reached the $5.00 per gallon mark amid a tight supply due to the war in Ukraine. Given the rising gas prices, refining stocks Valero Energy (VLO), CVR Energy (CVI), HF Sinclair (DINO), and Exxon Mobil (XOM) might be ideal buys now. Read more below.

CHICAGO — Vermont Sen. Bernie Sanders praised Starbucks and Amazon workers trying to unionize and railed against oil companies over high gas prices in a brief appearance in Chicago late Thursday.

About a decade ago, when gas prices last surged above $3 a gallon, Chuck Graff put up a message on the sign at his St. Anthony, Minnesota, gas station: "We Hate Our Gas Prices Too."

Oil companies won’t invest in facilities to produce gasoline until they know they’ll be allowed a future.