Brace for a 'bump at the pump' as OPEC's surprise output cut could send gas prices above $4 a gallon, say analysts

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Gas pump
US gas prices could hit $4 a gallon thanks to OPEC+'s surprise crude cuts.

(Photo by Steve Pfost/Newsday RM via Getty Images)

Russia is slashing its oil output by 5% in retaliation to Western sanctions — but it also likely that it is struggling to find buyers in the first place

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Vladimir Putin
Russian President Vladimir Putin slammed the EU's price cap on Russian crude, calling it "stupid."

Mikhail Metzel/Getty Images

Oil prices rise as the outlook for China's demand brightens and after Turkey's earthquake ignites supply concerns

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oil rig

Jason Kozlowski / EyeEm

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