OPEC

Analyst Does Not Expect $100 Oil Anytime Soon
Analyst Does Not Expect $100 Oil Anytime Soon
Analyst Does Not Expect $100 Oil Anytime Soon
Oil prices continue the trend of slowly climbing higher, with West Texas Crude trading around $73 per barrel in Monday’s action. This after oil prices hit levels last week not seen since October 2018. Oil prices have increased 51% in 2021, and the expectation is that trend will continue in the months ahead. “ ...
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 ...
OPEC Holds Production, Pushing Oil Prices Higher
OPEC Holds Production, Pushing Oil Prices Higher
OPEC Holds Production, Pushing Oil Prices Higher
Oil prices have now returned to levels we have not seen since prior to the pandemic. In Monday’s action, West Texas Crude was trading around $66 per barrel, the highest prices we’ve seen since late 2019. Patrick DeHaan said the higher prices are thanked to limited production and increased demand. And he no ...
Oil Prices Move Higher Amid Encouraging COVID-19 Vaccine News
Oil Prices Move Higher Amid Encouraging COVID-19 Vaccine News
Oil Prices Move Higher Amid Encouraging COVID-19 Vaccine News
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 ...

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