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Oil prices moved higher in Monday’s trade, spurred primarily by OPEC’s recent announcement that it would increase production next month by over 400,000 barrels.  While that is a hefty increase, Patrick DeHaan with Gasbuddy.com said the announce...

High in the Qilian Mountains, a paragliding thrill-seeker found himself in a weather nightmare—ascending nearly five miles as temperatures plummeted.

The seesaw action of oil prices continues, as West Texas and Brent traded slightly higher in Tuesday morning's action; $62 and $65 per barrel respectively.  Patrick DeHaan with Gasbuddy.com said oil prices remain challenged compared to where they started the year.   “...

China and the U.S. have officially drawn lines in the sand regarding trade and tariffs.  China seems to be digging in for the long term and looking for allies.  Arlan Suderman, chief commodities economist a StoneX, watched a video released this week by the Chinese government.   “China's Foreig...

Turbulence continues to be the name of the game for oil investors.  West Texas Crude and Brent were trading down by roughly 2% in Monday’s action.  Patrick DeHaan with Gasbuddy.com said thanks to new developments over the past couple of days, it’s not just tariffs and trade wars impacting oil prices.   “Including the potenti...

No surprise here, the back-and-forth tariffs and retaliatory tariffs are giving oil investors a case of vertigo.  Oil prices in Monday’s trade were slightly higher, trading around $61 per barrel, which is up about 1% from last week’s sell off.  Patrick DeHaan with...

Oil prices have dropped roughly $10 a barrel in the past week, during what Patrick DeHaan with Gasbuddy.com has called a tumultuous week.  He noted a lot of this turbulence and unease is happening because of President Trump's tariffs coming in heavier and more significant than expected, increasing concerns of a global recession or slowdown.   “...

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...

Oil prices continue their downward trend.  West Texas Crude was down to $65 per barrel in Monday’s trade, while Brent Crude was trading around $66 per barrel, a nearly 2% decrease for both.  Patrick DeHaan with Gasbuddy.com says not only ha...

President Trump has slapped an additional 10% tariff on China, bringing the total to 205 on all Chinese imports.  President Trump has accused China of not doing enough to prevent fentanyl flow into the U.S., and China responded by calling the move blackmail.  As a re...