Crude oil settled at a new high, and retail gasoline and diesel prices reached new records as well, adding to the pressure on drivers planning road trips for the coming holiday weekend.
Drivers are now paying an average of $3.79 for a gallon of regular gas, according to a survey by AAA and the Oil Price [...]

Oil rose again, as traders kept buying on the belief that prices will just keep setting new records.
Light, sweet crude for June delivery gained $2.17 to settle at $126.29 on the New York Mercantile Exchange. Crude shot up to $127.82 a barrel, a new record, earlier in the session.
The market showed little reaction to the [...]

Oil futures ended a whipsaw session slightly lower, as the expiration of options played havoc with prices, driving crude near record high levels at times and down by more than $3 a barrel at others. Retail gas prices, meanwhile, advanced past $3.77 a gallon.
Options let investors bet oil prices will rise or fall in the [...]

In its weekly report, the Energy Department’s Energy Information Administration (EIA) said gasoline inventories fell by 1.7 million barrels, or 0.8 percent, to 210.2 million barrels last week — 5.9 percent above year-ago levels, the Energy Department’s Energy Information Administration said in its weekly report.
Analysts expected stockpiles of gasoline to fall by only 800,000 barrels, [...]

Gasoline pump prices soared above $3.75 a gallon and oil prices fell as an Energy Department report painted a mixed picture of the nation’s petroleum reserves.
Light, sweet crude for June delivery fell $1.58 to settle at $124.22 a barrel on the New York Mercantile Exchange.
At the pump, the average national price of a gallon of [...]

Oil prices shot to a new record near $127 a barrel on worries that Iran might cut crude oil production. Gasoline rose to a new record over $3.73 a gallon, and its advance showed little sign of slowing ahead of the Memorial Day weekend, the traditional start of the summer driving season.
Light, sweet crude for [...]

Before pulling back, oil prices spiked to a new record above $126 a barrel, as some investors bought on worries of falling supply and others sold on a stronger dollar.
Light, sweet crude for June delivery jumped to a new record of $126.40 a barrel on the New York Mercantile Exchange before falling back to settle [...]

Oil prices surged past $126 a barrel for the first time, capping a week of record highs, amid concerns that a possible confrontation between the U.S. and Venezuela could cut exports from the key South American oil producer.
Light, sweet crude for June delivery vaulted to a new record of $126.20 on the New York Mercantile [...]

Oil prices rose to a new settlement high after a bumpy day of trading, and gas prices at the pump climbed nearly 3 cents overnight to a new national record.
Light, sweet crude for June delivery rose 16 cents to reach a settlement record of $123.69 a barrel on the New York Mercantile Exchange after trading [...]

Oil prices hit a new record near $124 a barrel after the U.S. Energy Department said diesel and heating oil supplies unexpectedly fell last week.
Light, sweet crude for June delivery hit a new high of $123.80 on the New York Mercantile Exchange before retreating slightly to settle up $1.69 at a record $123.53 a barrel.
The [...]