Why are gas prices going up again? Brace for further increases, analysts say
The average U.S. gasoline price tops $3.73 a gallon Friday, with a heat wave and refinery outages adding to upward pressure as oil prices climb.
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The average U.S. gasoline price tops $3.73 a gallon Friday, with a heat wave and refinery outages adding to upward pressure as oil prices climb.
Oil futures pulled back from three-month highs Friday, but still posted a fifth straight weekly gain, lifted by fading fears of a global economic slowdown as supply cuts by major producers take effect.
Gold futures finished higher on Friday, as the U.S. dollar softened following the Bank of Japan's decision to tweak its monetary policy framework and a measure of consumer prices closely monitored by the Fed showed that th...
Oil futures rise Thursday, with the U.S. benchmark finishing above $80 a barrel for the first time since April.
Gold prices closed below $1,950 an ounce on Thursday, the lowest in more than two weeks, a day after the Federal Reserve's bumped up rates and its staff said a recession looks avoidable.
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