$7.00 gas hits Los Angeles. Gas station, Los Angeles, California, USA. (Photo by: Citizen of the Planet/Universal Images Group via Getty Images) [Reporter - Monday morning, March 2, the first business ...
Crude prices have slumped this year. Brent oil, the global benchmark price, is currently in the mid-$60s, down about $10 a barrel from this time last year. While lower oil prices tend to negatively ...
Not long ago, falling oil prices were widely celebrated in the United States. Cheaper gasoline meant more disposable income for consumers, lower transportation costs for businesses, and a boost to ...