According to data from Kalibrate, the average cost per litre in cities nationwide fell five cents to $1.711.
Former President Donald Trump is tapping Big Oil chief executives in an attempt to receive $1 billion in donations to his reelection campaign, according to the Washington Post. What is he promising in return? Yahoo Finance Senior Columnist Rick Newman talks about Trump's talking points on broadening oil (CL=F, BZ=F) drilling, even though major energy companies are diversifying their portfolios and leaning into clean energy practices while maintaining drill sites. Catch up on Yahoo Finance's interview with ExxonMobil (XOM) CEO Darren Woods from the 2024 Milken Institute Global Conference. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
Crude oil futures (CL=F, BZ=F) stabilize on a surprise inventory drop. Yahoo Finance Senior Reporter Ines Ferré joins Catalysts to discuss oil price trends seen in May so far as Wall Street anticipates OPEC+ to extend its production cuts. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Luke Carberry Mogan.