WTI prices have fallen since the start of 2025 and are down by 34.26% compared to 2022. Over the past year, the 52-week range has stretched from an intraday low of $55.12 per barrel on April 9, 2025, to an intraday high of $80.77 per barrel on January 16, 2025—with that high trading about 42.89% above the current futures price.

The oil market struggled in Q3 as prices continued to soften under mounting supply pressure. Following moderate gains in H1, prices contracted to end the third quarter lower than their July 1 start positions.

According to AAA, the average price for a gallon of gas in Western Pennsylvania is $3.318 — which is higher than the national average but is still eight cents lower than the week before.

Exactly two years ago Friday, gasoline prices peaked at a record of $5.02 a gallon nationally. The gas spike of 2022 crushed consumer confidence, spooked investors and put a hole in family budgets. It helped propel the national inflation rate to 9% for the ...

Oil prices remain under pressure as EIA reports a 3.5M barrel inventory build, deepening market fears of oversupply and slowing global energy demand.

While oil and gas producers in the Permian Basin are undoubtedly concerned about gas prices, their response to economic forces, particularly in the gas market, has been limited. Oil remains the dominant revenue stream in the Permian, leading operators to ...