West Texas Crude

Consumers enjoyed a bit of relief at both the gas and diesel pump to wrap up 2022.  Fuel prices started to fall in some locations in early November, and continued through December, thanks to dropping oil prices, and economic uncertainty both in the U.S., but a...

West Texas Crude traded around $71 per barrel in last week’s trade, the lowest level we’ve seen in roughly a year.  Patrick DeHaan with GasBuddy said the economic uncertainty that has pushed oil prices lower for the past two-plus months continues to weigh on the minds of investors.  He said while there’...

Oil prices fell on Monday, paring gains after rising to more than two-month highs, on mixed signals over China, the world's top crude importer, potentially relaxing its strict COVID-19 restrictions.  West Texas crude dropped to $91 per barrel at Monday’s close, after jumping up to over $93 at one point Monday; the highest West Texas price we’ve seen since August 30th.   Prices climb...

It’s safe to say when it comes to oil prices, 2022, has been anything by a typical year.  After a summer filled with volatility and fuel prices that rocketed up to levels we've never seen before, Patrick DeHaan with GasBuddy said thing have calmed down relatively speaking.  West Texas Cr...

After fuel prices across the Northwest shot up, in some cases nearly a dollar in less than a month, there is a little relief to report this week.  West Texas Crude hasn’t changed that much, trading Monday slightly lower around $85 per barrel.  So, why did w...

After moving lower in much of September, oil prices have turned things around, and are now trending higher.  In early trade Tuesday, the price for West Texas Crude was trading around $84 per barrel.  And with that increase in oil prices, fuel prices have increased substantially over the past couple of weeks.  Dan Pickering, CE...

Oil prices continue the slow drop we’ve seen throughout much of the summer, with prices for West Texas Crude trading around $90 per barrel in Monday’s action.  Patrick DeHaan with Gas Buddy said prices continue to drop because investors have so many unanswered questions when it comes to the health of economies across the globe.   “Right now, ...

The price for oil continues to set records, with West Texas Crude trading over $121 per barrel in early Tuesday action, that’s nearly double the price we saw back in August. With energy prices driving inflation to levels the U.S. econ ...

The U.S. Energy Information Administration forecasts that a variety of U.S. energy prices will remain historically high through 2023. The outlook includes oil, natural gas, coal, and electricity, as seen in EIA’s June 2022 Short-Term Energy Outlook Tuesday. ...

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 ...