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Will Fuel Prices Level Off Soon?
Oil prices remain around levels we haven’t see since early in the pandemic,  with a barrel of West Texas Crude trading Monday around $82 per barrel. Because of that fuel prices remain high nationwide, with the national average for a gallon of gasoline up 3.8 cents fr ...
Oil Prices Move Higher As Investors Feel More Confident About Pandemic, Economies
Oil Prices Move Higher As Investors Feel More Confident About Pandemic, Economies
Oil Prices Move Higher As Investors Feel More Confident About Pandemic, Economies
While the pandemic continues to grab headlines in the U.S. and internationally, it’s improving economic conditions that have the eyes of oil investors. According to Gasbuddy’s Patrick DeHaan, oil prices continue to move higher, trading near 2021 highs in Monday’s action, with a barrel of West Texas Crude trading for over $75. DeHaan says the ...
DeHaan: COVID Continues To Drive Oil Markets, OPEC
The "new norm" that we saw in 2020 has continued for most, if not all of 2021. COVID-19 case counts continue to dictate where oil prices move, and while demand for oil has rebounded from the lows we saw last year, along with oil prices, “Oil production is lagging behind the recovery and demand and that may continue to be the case for the weeks and months ahead.  And ...
DeHaan: OPEC, COVID Numbers Have Investors Concerned
After a considerable sell off late last week, that saw oil prices drop to their lowest levels since May, the price of a barrel of oil climbed Monday to roughly $65. Patrick DeHaan with GasBuddy noted the sell off last week was spurred by a one two punch; rising COVID cases and OPEC increasing oil production ...
DeHaan Anticipates Higher Oil Fuel Prices This Summer
DeHaan Anticipates Higher Oil Fuel Prices This Summer
DeHaan Anticipates Higher Oil Fuel Prices This Summer
As countries around the world report improved COVID-19 numbers, oil prices are moving higher. Patrick DeHaan with GasBuddy says West Texas Crude was trading as high as $70 per barrel in Monday’s action, continuing a trend of slowly pushing higher. DeH ...
Seesaw COVID News Continues To Keep Oil Prices Quiet
Seesaw COVID News Continues To Keep Oil Prices Quiet
Seesaw COVID News Continues To Keep Oil Prices Quiet
Oil prices continue to move back and forth because of mixed international news, specifically focused on coronavirus. Because of that Patrick DeHaan with Gasbuddy said the price for a barrel of West Texas Crude held fairly flat, trading Monday around $62 ...

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