cnbc

Oil Prices Move Higher As Fuel Prices Jump
Oil Prices Move Higher As Fuel Prices Jump
Oil Prices Move Higher As Fuel Prices Jump
After moving lower in much of September, oil prices have turned things around, and are now trending higher.  In early trade Tuesday, the price for West Texas Crude was trading around $84 per barrel.  And with that increase in oil prices, fuel prices have increased substantially over the past couple of weeks.  Dan Pickering, CE...
Fuel Prices Continue Decline Ahead of Christmas
Fuel Prices Continue Decline Ahead of Christmas
Fuel Prices Continue Decline Ahead of Christmas
Oil prices continue their downward trend as we get ready to celebrate the holidays. In Monday’s action, West Texas Crude was trading around $68 per barrel. While concerns about the omicron variant are weighing down oil prices right now, many investors actually have their eyes focused on the New Year. CNB ...
Analyst Does Not Expect $100 Oil Anytime Soon
Analyst Does Not Expect $100 Oil Anytime Soon
Analyst Does Not Expect $100 Oil Anytime Soon
Oil prices continue the trend of slowly climbing higher, with West Texas Crude trading around $73 per barrel in Monday’s action. This after oil prices hit levels last week not seen since October 2018. Oil prices have increased 51% in 2021, and the expectation is that trend will continue in the months ahead. “ ...
Price At The Pump: Kloza More Concerned About Behaviors Than Prices
Price At The Pump: Kloza More Concerned About Behaviors Than Prices
Price At The Pump: Kloza More Concerned About Behaviors Than Prices
As we start a new month, oil prices are continue to trade in the mid $60 per barrel range, but prices appear to be moving higher. In Monday’s action, West Texas Crude was trading at $67 per barrel. Tom Kloza with OPIS Pricing told CNBC this weekend while we saw higher fuel prices over the holiday weekend, he does not expect that trend to continue for all of June, or even 4th of July weekend. “ .
September USMCA Vote Becoming More Unlikely
September USMCA Vote Becoming More Unlikely
September USMCA Vote Becoming More Unlikely
Congressional ratification USMCA, is quickly slipping from September into October, and maybe even later.  With it already being mid-September, and not signs of a USMCA deal on the horizon, but there are a few proposals being exchanged between Democrats and the White House.  Bu...
September USMCA Vote Becoming More Unlikely
Congressional ratification USMCA, is quickly slipping from September into October, and maybe even later.  With it already being mid-September, and not signs of a USMCA deal on the horizon, but there are a few proposals being exchanged between Democrats and the White House.  Bu...