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Energy price today, May 1: Crude oil at 102.79 falls 2.16% while gasoline jumps 111.82% YTD Germany political tensions rise after Trump blasts Chancellor on Iran war US GDP grows 2% while jobless claims fall to 189K as economy shows stronger than expected resilience Brent crude drops 3.6% from 4 year high as oil rally loses momentum Silver price crashes 3% to 70.99 USD as precious metals face sharp selloff pressure Powell says he will not step down amid DOJ probe as Fed independence concerns rise Powell says inflation still high with Middle East tensions and energy prices keeping Fed cautious on rate cuts James Comey surrenders after indictment over Instagram seashell post as prosecutors allege Trump threat Energy price today, May 1: Crude oil at 102.79 falls 2.16% while gasoline jumps 111.82% YTD Germany political tensions rise after Trump blasts Chancellor on Iran war US GDP grows 2% while jobless claims fall to 189K as economy shows stronger than expected resilience Brent crude drops 3.6% from 4 year high as oil rally loses momentum Silver price crashes 3% to 70.99 USD as precious metals face sharp selloff pressure Powell says he will not step down amid DOJ probe as Fed independence concerns rise Powell says inflation still high with Middle East tensions and energy prices keeping Fed cautious on rate cuts James Comey surrenders after indictment over Instagram seashell post as prosecutors allege Trump threat
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