Price at the Pump

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 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. ...

Last week, oil prices were trading at some of the highest levels since 2014. But this week, those prices are dropping. In Monday’s action, West Texas Crude was trading around $82.90 per barrel, a drop of $2.25 from Friday’s level. It’s not ...

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

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 ...

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 ...