West Texas Crude

Tight Oil Supplies Push Oil Prices Higher
Tight Oil Supplies Push Oil Prices Higher
Tight Oil Supplies Push Oil Prices Higher
Oil prices rose slightly in Monday’s trade, thanks to the expectation that oil supply will remain tight globally. Despite a recent increase in oil production from Libya, the anticipation is there will not be enough oil for economies and consumers as eyes turn to a hopeful life after COVID-19. D ...
DeHaan: Oil Prices Rally As Fears Over Omicron Diminish
DeHaan: Oil Prices Rally As Fears Over Omicron Diminish
DeHaan: Oil Prices Rally As Fears Over Omicron Diminish
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 ...
Will Fuel Prices Level Off Soon?
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 ...
Oil Prices Move Lower As COVID Numbers Move Up
Oil Prices Move Lower As COVID Numbers Move Up
Oil Prices Move Lower As COVID Numbers Move Up
After weeks of climbing steadily, oil prices dropped considerably in Monday’s trade, with West Texas Crude Oil trading around $67 per barrel. The sharp drop came shortly after OPEC announced an increase in oil production. In addition, coronavirus cases continue to weigh on the minds of investors. Pat ...
DeHaan: OPEC Disagreements Stall Oil Prices
DeHaan: OPEC Disagreements Stall Oil Prices
DeHaan: OPEC Disagreements Stall Oil Prices
After weeks of a steady climb, and hitting one of highest prices we’ve seen in months, oil prices have flattened from last week’s high water mark. West Texas Crude was trading just under $74 per barrel in Monday’s action. So, why the s ...
Price At The Pump: Kloza More Concerned About Behaviors Than Prices
Price At The Pump: Kloza More Concerned About Behaviors Than Prices
Price At The Pump: Kloza More Concerned About Behaviors Than Prices
As we start a new month, oil prices are continue to trade in the mid $60 per barrel range, but prices appear to be moving higher. In Monday’s action, West Texas Crude was trading at $67 per barrel. Tom Kloza with OPIS Pricing told CNBC this weekend while we saw higher fuel prices over the holiday weekend, he does not expect that trend to continue for all of June, or even 4th of July weekend. “ .
Seesaw COVID News Continues To Keep Oil Prices Quiet
Seesaw COVID News Continues To Keep Oil Prices Quiet
Seesaw COVID News Continues To Keep Oil Prices Quiet
Oil prices continue to move back and forth because of mixed international news, specifically focused on coronavirus. Because of that Patrick DeHaan with Gasbuddy said the price for a barrel of West Texas Crude held fairly flat, trading Monday around $62 ...
Despite Good News Virus Still Weighs On Oil Prices
Despite Good News Virus Still Weighs On Oil Prices
Despite Good News Virus Still Weighs On Oil Prices
Thanks to a variety of uncertainties over the past couple of months, the coronavirus continues to dominate fuel and oil price news. In Monday’s trade, West Texas Crude was trading slightly above $41 per barrel, virtually the same price we’ve seen for weeks. Daniel ...
Oil Prices Hold While Diesel Prices Move Higher
Oil Prices Hold While Diesel Prices Move Higher
Oil Prices Hold While Diesel Prices Move Higher
A little bit of certainty encouraging oil investors to start the workweek. Monday’s trade saw West Texas Crude above $40 per barrel for the first time since mid-October. Investors are reportedly feeling a little better now knowing who will most likely occupy the White House over the next four years. And ...

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