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Oil Prices Continue To Move Higher
Oil Prices Continue To Move Higher
Oil Prices Continue To Move Higher
Oil prices continue the march higher we’ve seen through the first three weeks of 2023.  West Texas Crude was up slightly in Monday’s trade, around $81 per barrel.  Patrick DeHaan with Gasbuddy said there are several issues pushing oil prices higher, and tops on that list, China.   “Reopening its economy, the...
DeHaan Expects Fuel Prices To Climb
DeHaan Expects Fuel Prices To Climb
DeHaan Expects Fuel Prices To Climb
Oil prices started the new year moving up slightly.  West Texas rose roughly 3% in Monday’s trade to $76 per barrel.  Patrick DeHaan with GasBuddy said it's been a bumpy start to the year.   “Oil prices still a bit lower than what they were a week ago, but oil prices in full rally mode today with China giving us strong indication of a full reopening happening.”   DeHaan said investors don’... Read
News From China Pushes Oil Prices Higher
News From China Pushes Oil Prices Higher
News From China Pushes Oil Prices Higher
Oil prices have inched a little higher in the past week, rebounding from the lowest prices we’ve seen in roughly a year.  A barrel of West Texas was up roughly $2 in Monday’s trade, hovering around $75.  And while that is higher week-over-week, Patrick DeHaan with GasBuddy noted that’s still one of the lowest prices we’ve seen in 2022.  DeHaan noted the recent swing higher in o...
Oil Prices Fall Amid Economic, Demand Concerns
Oil Prices Fall Amid Economic, Demand Concerns
Oil Prices Fall Amid Economic, Demand Concerns
"Oil prices this morning have plummeted down to about $75 a barrel the lowest level since Russia's invasion of Ukraine back in February that has pushed gasoline and diesel prices down," said Patrick DeHaan with GasBuddy.  He added fuel prices have tumbled considerably over the past couple of weeks, resulting in relief at the local station.  He said ther...
Gas Prices on the Rise
Gas Prices on the Rise
Gas Prices on the Rise
Everywhere, USA- If you've bought gas lately, you probably cringed a little when you looked at the bill.   According to Patrick Dehann from Gasbuddy.com, Washington state saw it's strongest week of gasoline demand since the pandemic began, up 6% from just a week ago. It' ...