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While not a big jump, oil prices have moved higher in the past week, thanks to encouraging results from the first rounds of COVID-19 vaccination in the U.K and U.S. Patrick DeHaan, with Gas Buddy, noted that pushed oil prices this week to some of the highest we’ve seen during the pandemic. And ...

No news is good news when it comes to energy prices. According to Gas Buddy’s Patrick DeHaan oil prices continue to hold steady as all eyes remain on the growing number of COVID-19 cases across the U.S. and internationally. In Monday’s trade, oil prices were hovering in the low $40 per barrel range, the same place prices have been for nearly two months. But, gaso ...

Newton’s third law of motion states for every action, there is an equal and opposite reaction.  That, is a good way to describe the tug of war taking place with oil prices.  There are many indicators that should be moving oil prices higher, such as a strong global economy, strong demand, OPEC cutbacks.  But looming o...

At the halfway point of January, oil prices continue to march higher.  Patrick DeHaan with GasBuddy.com said oil prices have been on an upward trend since Christmas, mainly because of production cuts from Canada and OPEC, and the anticipation the world economy will soon get better.  He...