LONDON, Jan 6 (Reuters) - Growing signs of weakness in the U.S. economy are helping keep oil prices under pressure even as tensions escalate across North Africa and the Middle East.
(Thu, 07 Jan 2016) U.S. regular retail gasoline prices averaged $2.43 per gallon (gal) in 2015, 93 cents/gal (28%) less than in 2014 and the lowest annual average price since 2009. Lower crude oil prices in 2015 were the main cause for lower gasoline prices. In 6 of the 10 cities for which EIA collects weekly retail price data, gasoline prices did not exceed $3.00/gal.
LOS ANGELES, Jan 6 (Reuters) - Governor Jerry Brown on Wednesday declared a Los Angeles-area natural gas leak that has been sickening area residents for more than two months an emergency, calling for alternatives to stop the underground leak if existing efforts fail.
SINGAPORE, Jan 7 (Reuters) - U.S. oil prices edged away from 2009 lows in early trading on Thursday but overall market sentiment remained extremely bearish due to huge unused amounts of petroleum sitting idle in storage tanks and as China's economy was showing no signs of recovery.
BERLIN, Jan 7 (Reuters) - German automaker Volkswagen AG assumes it will have to buy back about 115,000 cars in the United States as a result of the emissions scandal, a newspaper reported on Thursday.
Jan 6 (Reuters) - An unexpected $1.4 billion equity raising by Pioneer Natural Resources means the fittest U.S.
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