GasBuddy

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 ...

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 ...

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 ...

Oil prices continue the slow climb higher that consumers have seen for several months at this point. Patrick DeHaan with GasBuddy says a barrel of West Texas Crude was up to around $71 in Monday’s trade. And he noted there are two key issues pushing those oil prices higher. F ...

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 ...

The past week has been a quiet one when it comes to oil prices and fuel prices nationwide. West Texas Crude traded around $65 per barrel Monday, some of the highest prices we’ve seen in weeks, but still off of the numbers reported in March. Dem ...

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 ...

After a fairly quiet start to the year, oil prices moved substantially higher in February and March, with oil prices around the $60 per barrel mark. However, to start the month of April, that increase has tapered off, with oil prices around $59 in Monday’s trade. Pat ...

After weeks of a steady climb higher, fuel prices have slightly leveled off, with West Texas Crude trading around $59 per barrel in Monday’s action. Patrick DeHaan with GasBuddy said oil prices declined slightly this week, thanks to a mixed bag of economic news. On ...

As we start a new months, oil prices continue to move higher. West Texas Crude was trading Monday around $62 per barrel. And Patrick DeHaan with GasBuddy noted that fuel demand, nationally, is at the highest levels reported since the pandemic started ...