Oil Prices Dip Following President Trump’s Comments on Tariffs

Oil prices dipped Monday as investors remain concerned the trade war between the U.S. and China will continue to drag on.  West Texas Crude was down slightly, trading in the mid $56 a barrel range Monday.  This comes after President Trump dismissed reports of the U.S. and China lifting tariffs in an effort to conclude the trade war.  While President Trump told reporters over the weekend that talk with China are moving along very nicely, investors remain concerned about the potential implications on global trade, economic growth and much more.

 

While oil prices remain flat, diesel prices edged up slightly this week, with the national average increasing one cent to $3.01 a gallon, Washington’s rate also increase one cent a gallon to $3.58, and Oregon’s price for diesel was unchanged holing at $3.49.

 

Here are some of the lowest diesel prices we could find across the Inland Northwest:

  • $3.43 a gallon in the Tri-Cities
  • $3.29 a gallon in Wenatchee
  • $3.47 a gallon in Ephrata
  • $3.49 a gallon in Quincy
  • $3.09 a gallon in Moses Lake
  • $3.37 a gallon in Pendleton
  • $3.55 a gallon in Walla Walla
  • $3.19 a gallon in Yakima

 

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