GasBuddy

The first five months of 2022 have been a challenging time for consumers of gasoline and diesel, with prices rising dramatically between January 1st and now. And fuel prices could be moving higher in the coming weeks, with West Texas Crude trading near $120 per barrel in early Tuesday action, up roughly 3 ...

After weeks of volatile oil prices, there has been some stability on the international scene. However, refined products here in the U.S. have continued that roller-coaster movement, with gasoline and diesel prices moving higher over the past week ...

The volatility of oil prices continues, with prices trading flat to start this week. That comes after prices jumped about $9 per barrel last week, pushing fuel prices higher. Many are concerned about the possibility of another round of sanctions against Russia, and what that could do to the oil market internationally ...

Oil prices continue to trade above the $100 per barrel mark, trading around $105 in early Tuesday action. Patrick DeHaan with GasBuddy said after prices dipped last week, markets are starting the month of May pushing price higher, thanks primarily to China easing COVID lockdowns in that country’s largest cities. But ...

Patrick DeHaan with Gas Buddy said it’s been a volatile month, thanks to a host of international issues. He noted that oil prices had dropped to around $93 per barrel last week, only to rocket up to $108 in Monday’s trade. DeHaan noted while oil prices are moving higher, gasoline and diesel prices continue to decrease. He said i ...

Oil prices continue to move higher as investors nervously watch a variety of international hot spots, led by Russia and Ukraine. West Texas Crude was trading in the upper $80-per barrel range in Monday’s action. Patrick DeHaan with GasBuddy was while geopolitical issues in the United Arab Emirates and Kazakhstan are concerning, one area is drawing most of the concern. ...

While investors are starting to look at life past omicron, the latest COVID-19 variant continues to have the biggest impact on oil prices. Patrick DeHaan with GasBuddy noted that West Texas Crude traded in the mid-$80 per barrel range during Monday’s action and closed with some of the highest prices since the summer. The ...

Oil prices are rallying as 2021 draws to a close. Patrick DeHaan with Gasbuddy noted West Texas Crude was trading up roughly $2 per barrel in Monday action, to near $76. That he noted is $14 per barrel higher than the start of the month, when Omicron fears started to impact investors ...

Despite wild weather in the Midwest and Southeastern U.S. and growing tensions with Russia and China, coronavirus remains the top issue for oil investors. Patrick DeHaan with GasBuddy said the Omicron variety has had the attention of the markets for roughly two weeks, but he noted investors are not as concerned about this new variety as they once were ...

It was a rough Thanksgiving week for oil investors as oil prices slipped 13% last week due largely to growing concerns about the new COVID-19 variant, omicron, reported in South Africa. While oil prices dropped, sharply Friday, as did stocks and bonds on Wall Street, the downward trend was relatively short-lived ...