Patrick DeHaan with Gasbuddy.com said talk of a potential peace deal between Ukraine and Russia, brokered by the United States encouraged oil prices to dip.
For the past several weeks, even several months, oil prices have held fairly steady, remaining in the mid-$60 per barrel range. But, thanks to OPEC’s increased production, that trend is no more.
It should come as no surprise that the past ten days have been volatile for oil prices, first because of tensions and attacks between Israel and Iran, and over the weekend the United States' attacks on Iranian nuclear facilities. Patrick DeHaan with Gasbuddy.com said ...