fuel prices

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.

Oil prices continue the trend we’ve seen for several months, where prices don’t deviate much week to week, holding in the low- to mid- $60 range.

“Oil prices now rubbing up against multi-year lows as OPEC continues to churn out supply," said Patrick DeHaan is with Gasbuddy.com.

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.

For the past couple of months, it’s been one step forward, then one step back for oil prices.

Patrick DeHaan with Gasbuddy.com says oil prices are holding fairly steady, thanks to producer/consumer balancing act.

Oil prices have traded lower for much of the past 96 hours, due primarily to growing optimism that an end to Russia’s war in Ukraine may be in sight.

It should come as no surprise that trade has been one of the biggest pressures moving oil prices this year, but not the only one.

It’s easy to get motion sickness watching oil prices this year. This week, however, oil prices have held steady, and even have moved down.

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 ...