Patrick DeHaan

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 ...

Oil prices continue to move lower as health officials across the globe express concerns over the new coronavirus variant. Patrick DeHaan with GasBuddy said because of Omicron, oil prices continue to drop, trading in Monday’s action in the up $60 per barrel range. He ...

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 ...

It’s been a turbulent start to November for oil prices, which over the past week have traded as high as $85 per barrel, and as low as $78. West Texas Crude was trading around $82 in Monday’s action. Why the volatility? OPEC decided to stick to its guns and increase oil production slowly, by the agreed to 400,000 barrels to start the month of November. Patrick D ...

Consumers continue to deal with high prices at their local fuel station, thanks to the highest crude oil prices we’ve see in the past seven year. West Texas Crude was trading above $84 per barrel in Monday’s action, pushing gasoline and diesel prices higher. Patrick D ...

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 ...

Oi price continue their slow march higher, trading Monday around $82 per barrel, the highest prices since April 2020. Patrick DeHaan with GasBuddy says oil production is lagging far behind demand. “Certainly not helped by the energy crunch that’s happening overseas.  China is ...

Oil prices traded above $81 per barrel in Monday’s action, the highest level for oil prices since 2014.T hat, in turn, as pushed both diesel and gasoline prices to the highest levels reported in seven years. Why have oil prices increased so much over the past couple of months? ...

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 ...