The Supreme Court is asking the Biden administration to weigh in on the city of Honolulu s lawsuit against oil and gas companies for allegedly covering up evidence of their products contributions.
Petroleum futures were lower Wednesday as gasoline and diesel contracts sold off after three days of modest gains. U.S. spot market gasoline prices were also lower, with declines outpacing.
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NYMEX crude oil and refined product futures were trading near their morning highs at midday Tuesday. Part of the upside was likely due to NYMEX futures making up some lost ground to Brent crude.
Petroleum futures were off modestly at midday Thursday in light trading. Crude oil contracts were higher early in the session, but gave back those gains and more by midday. The weakness in.