Patrick DeHaan

Why Are Diesel Prices So High?
Why Are Diesel Prices So High?
Why Are Diesel Prices So High?
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 ...
DeHaan: Oil Investors Are On Edge
DeHaan: Oil Investors Are On Edge
DeHaan: Oil Investors Are On Edge
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 ...
DeHaan: Oil Markets Remain Volatile, Thanks To Russia, Ukraine, COVID
DeHaan: Oil Markets Remain Volatile, Thanks To Russia, Ukraine, COVID
DeHaan: Oil Markets Remain Volatile, Thanks To Russia, Ukraine, COVID
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 Markets Watching Russia Very Closely
Oil Markets Watching Russia Very Closely
Oil Markets Watching Russia Very Closely
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. ...
Oil Prices Rise Amid International Tensions
Oil Prices Rise Amid International Tensions
Oil Prices Rise Amid International Tensions
Oil prices are moving higher, and for the first time since late 2019, prices are not being dictated by the coronavirus. West Texas Crude was trading in the $88 a barrel range in Monday’s action. Patrick DeHaan with GasBuddy said from Russia and Ukraine, to Kazakhstan as well as Libya, investors have a lot to digest. ...
Unrest In Producing Counties Weighing On The Minds Of Oil Investors
Unrest In Producing Counties Weighing On The Minds Of Oil Investors
Unrest In Producing Counties Weighing On The Minds Of Oil Investors
Oil prices traded higher in early Monday action, but when it was all said and done, eventually closed slightly lower. West Texas Crude closed 1% lower, primarily on the unrest in oil producing countries, such as Kazakhstan and Libya. Patrick DeHaan with GasBuddy said oil and gas demand is bearish this time of year, especially with the holidays behind us, meaning what’s happening in oil producing
DeHaan: Fuel Price Picture Trying To Return To “Normal”
DeHaan: Fuel Price Picture Trying To Return To “Normal”
DeHaan: Fuel Price Picture Trying To Return To “Normal”
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 ...

Load More Articles