Russia

Price at the Pump: OPEC To Produce More Oil, Prices Drop
Price at the Pump: OPEC To Produce More Oil, Prices Drop
Price at the Pump: OPEC To Produce More Oil, Prices Drop
After weeks of speculation, OPEC made it official this weekend, announcing they will restore oil production at a faster clip than expected.  Patrick DeHaan with Gasbuddy.com said the increased production will start in June.   “Raising production by over 400,000 barrels a day," DeHaan noted.  "OPEC has really b...
Price At The Pump: Tariffs Remain The Main Driver Of Oil Prices
Price At The Pump: Tariffs Remain The Main Driver Of Oil Prices
Price At The Pump: Tariffs Remain The Main Driver Of Oil Prices
Iran, Venezuela, peace talks between Ukraine and Russia, and the struggling Chinese economy, there's lot for investors, specifically oil investors to focus on these days.  Patrick DeHaan with GasBuddy.com said that’s been the pattern for the oil community for the past two months.   “Essen...
Price At The Pump: Oil Prices Moved Higher On Presidents' Day
Price At The Pump: Oil Prices Moved Higher On Presidents' Day
Price At The Pump: Oil Prices Moved Higher On Presidents' Day
Oil prices were holding steady, to up slightly in early Tuesday trade, following Monday’s jump higher, thanks to a drone attack on a pipeline reducing flows from Kazakhstan.  Both West Texas and Brent crude were trading slightly higher in Tuesday’s trade, at around $71 and $75 per barrel respectively.  CNBC noted the dron...
Price at the Pump: Oil Prices Jump After Tariff Announcement
Price at the Pump: Oil Prices Jump After Tariff Announcement
Price at the Pump: Oil Prices Jump After Tariff Announcement
After weeks of promise, the Trump Administration announced tariffs against Mexico and Canada of 25% this weekend, plus an additional 10% tariffs against China.  While the tariffs were expected, it was still a shock to investors, with the Dow shedding over 500 points in early trade.  Oil pri...
Price at the Pump: Oil Prices Continue To Move Higher
Price at the Pump: Oil Prices Continue To Move Higher
Price at the Pump: Oil Prices Continue To Move Higher
For the second week of the new year, oil prices have moved higher.  Patrick DeHaan with GasBuddy.com said this most recent trend started last week.   “The Biden administration issuing harsher sanctions on shipping companies and vessels that would operate and take sanctioned crude oil from countries like Iran and Russia and deliver it to countries like China and India," DeHaan noted.  "Th

Load More Articles