CO Energy

After a very slight rally in late July and early August, oil prices have returned to their downward trends. West Texas Crude was trading $37 per barrel in Monday’s action. Patrick DeHaan with Gasbuddy said a lack of optimism internationally has put a cap on prices in a variety of ways. And ...

Monday was a holiday for investors in the United States, but that did not prevent fuel prices from moving. In international action, crude was trading Monday just below $40 per barrel, down roughly 10% from this time last week. The drop came, according to industry analysis, as Saudi Arabia announced deep price cuts for Asia, as post-coronavirus optimism started to turn ...

No news is good news when it comes to energy prices. According to Gas Buddy’s Patrick DeHaan oil prices continue to hold steady as all eyes remain on the growing number of COVID-19 cases across the U.S. and internationally. In Monday’s trade, oil prices were hovering in the low $40 per barrel range, the same place prices have been for nearly two months. But, gaso ...

Oil prices have been in a holding pattern, for weeks. According to Patrick DeHaan with GasBuddy, a barrel of oil has held steady around $42 for the past seven weeks. And he blames the lack of movement on the back and forth nature of COVID-19 in the U ...

The increasing number of coronavirus cases here in the U.S. and internationally continues to weigh on the minds of investors, despite the fact that gasoline demand remains high, as many Americans continue to drive and work. Patrick DeHaan with GasBuddy said oil prices continue to hold steady, marking five straight weeks in the in the $40 per barrel range, and that’s a rate he does not see changin

Oil prices are holing stead, as investors are being pulled between encouraging economic news and a rising number of coronavirus cases nationwide and globally. West Texas Crude have held steady in the $40 per barrel range for the past couple of week, thanks to questions about COVID-19 as well as a proposed stimulus bill in D ...

Despite a surge in coronavirus cases in the U.S. and internationally, oil prices have held steady over the past week. Oil prices were down slightly in Monday’s action, trading in the high $39 per barrel range; a range we’ve seen for the week or so. While oil ...

Oil prices continue their slow march higher, which is pushing fuel prices higher across the Inland Northwest. West Texas Crude oil prices were trading slightly above $40 per barrel in Monday’s action. Not only has that moved gasoline prices higher, up by a dime in some locations, it has also move diesel prices up as well. Th ...

Oil prices continue to slowly move higher, thanks to more and more states opening up and a better than expected May jobs report, but that could change in the coming weeks. Patrick DeHaan with GasBuddy said prices moved as high as $40 per barrel in last week’s trade, but have given some of those gains back. ...

Over the past three plus weeks, oil price have been steadily climbing higher. In Monday’s action, West Texas Crude was trading over $35 per barrel, a ten dollar week over week increase. Why the move higher, when we continue to fight coronavirus and now deal with protests and civil unrest nationwide? Pa ...