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Oil Prices Are Moving Lower, But The Reason May Surprise You
Oil Prices Are Moving Lower, But The Reason May Surprise You
Oil Prices Are Moving Lower, But The Reason May Surprise You
The turbulent see-saw that is oil prices continues to move back and forth.  Over the past week, West Texas Crude prices have moved lower, by slight amounts.  Pattrick DeHaan with GasBuddy said the reason those prices have moved lower may have many people scratching their head.   “Good and ...
DeHaan: Oil Prices Expected To Climb On News Of Russian Cuts
DeHaan: Oil Prices Expected To Climb On News Of Russian Cuts
DeHaan: Oil Prices Expected To Climb On News Of Russian Cuts
Oil prices climbed slightly over the past two weeks following the news that Russia is going to trim oil production in the months ahead.  Patrick DeHaan with GasBuddy said while Russian oil is facing sanctions because of the invasion of Ukraine, that does not mean this production cut won’t impact international prices.   “Much ...
Oil Prices Continue To Move Higher
Oil Prices Continue To Move Higher
Oil Prices Continue To Move Higher
Oil prices continue the march higher we’ve seen through the first three weeks of 2023.  West Texas Crude was up slightly in Monday’s trade, around $81 per barrel.  Patrick DeHaan with Gasbuddy said there are several issues pushing oil prices higher, and tops on that list, China.   “Reopening its economy, the...
DeHaan Expects Fuel Prices To Climb
DeHaan Expects Fuel Prices To Climb
DeHaan Expects Fuel Prices To Climb
Oil prices started the new year moving up slightly.  West Texas rose roughly 3% in Monday’s trade to $76 per barrel.  Patrick DeHaan with GasBuddy said it's been a bumpy start to the year.   “Oil prices still a bit lower than what they were a week ago, but oil prices in full rally mode today with China giving us strong indication of a full reopening happening.”   DeHaan said investors don’... Read
News From China Pushes Oil Prices Higher
News From China Pushes Oil Prices Higher
News From China Pushes Oil Prices Higher
Oil prices have inched a little higher in the past week, rebounding from the lowest prices we’ve seen in roughly a year.  A barrel of West Texas was up roughly $2 in Monday’s trade, hovering around $75.  And while that is higher week-over-week, Patrick DeHaan with GasBuddy noted that’s still one of the lowest prices we’ve seen in 2022.  DeHaan noted the recent swing higher in o...
After A Turbulent Year, Oil Prices Have Calmed, As Of Recent
After A Turbulent Year, Oil Prices Have Calmed, As Of Recent
After A Turbulent Year, Oil Prices Have Calmed, As Of Recent
It’s safe to say when it comes to oil prices, 2022, has been anything by a typical year.  After a summer filled with volatility and fuel prices that rocketed up to levels we've never seen before, Patrick DeHaan with GasBuddy said thing have calmed down relatively speaking.  West Texas Cr...

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