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China Remains Big Issue For Oil Prices, Investors
China Remains Big Issue For Oil Prices, Investors
China Remains Big Issue For Oil Prices, Investors
Oil prices are trading slightly lower in the mid $55-per barrel range.  And much like the Dow last week, oil prices were in seesaw mode, thanks to the turbulence in the trade war with China.  Typically this time of year, oil prices start to slide lower as summer drive demand lowers.  But hurrican...
U.S./China Trade War Continues To Drive Oil Prices
U.S./China Trade War Continues To Drive Oil Prices
U.S./China Trade War Continues To Drive Oil Prices
Unrest is Iran and the heart of hurricane season.  In a typical year these would be the chief factors driving what you pay at your neighborhood station.  But as it has been for most of 2019, China continues to dictate where oil prices go.  Patrick...
Trade Tensions Push Oil Price Lower
Trade Tensions Push Oil Price Lower
Trade Tensions Push Oil Price Lower
After weeks of moving higher because of tensions with Iran, Oil prices made a U-turn this week, dropping to just above $54 a barrel.  And Patrick DeHaan with Gasbuddy.com said that decrease can be attributed to two words:  Trade War.   “...
Trade Tensions Push Oil Price Lower
After weeks of moving higher because of tensions with Iran, Oil prices made a U-turn this week, dropping to just above $54 a barrel.  And Patrick DeHaan with Gasbuddy.com said that decrease can be attributed to two words:  Trade War.   “A l...
Gasbuddy: Oil Prices Flat Decrease Expected In Coming Weeks
Gasbuddy: Oil Prices Flat Decrease Expected In Coming Weeks
Gasbuddy: Oil Prices Flat Decrease Expected In Coming Weeks
2019 has been anything but a typical year when it comes to fuel prices.  The price for a barrel moved very little as we started the drive season, but when we transitioned into mid-June, oil price shot up, pushing fuel prices higher just in time for the 4th of July holiday.  Allison...
Trade War Escalation Weighing On Oil Prices
Trade War Escalation Weighing On Oil Prices
Trade War Escalation Weighing On Oil Prices
A few moments after China announced retaliatory tariffs against the U.S., oil prices started trading lower.  Oil prices were trading around $63 to start Monday, and dropped to $60 before noon Pacific.   What’s pushing prices lower?  Dan McTeauge ...
Trade Tension May Push Oil Prices, Fuel Prices Lower
Trade Tension May Push Oil Prices, Fuel Prices Lower
Trade Tension May Push Oil Prices, Fuel Prices Lower
After weeks of a steady increase, oil prices are starting to drift lower.  Patrick DeHaan with GasBuddy.com said you can blame fears that the trade war between the U.S. and China will escalate in the coming months, following tweets this weekend by President Trump.  De...
Oil Could Be Moving Higher In The Coming Months?
Oil Could Be Moving Higher In The Coming Months?
Oil Could Be Moving Higher In The Coming Months?
The price increase we saw for oil prices last week has cooled a bit.  Dan McTeague with GasBuddy.com said oil prices were flirting with the $60 per barrel mark last week, but has slowly trickled back down to $59 a barrel.  McTeague said enjoy those lower oil prices while you can.  He note...
Oil Prices In Holding Pattern Diesel Continues To Drop
Oil Prices In Holding Pattern Diesel Continues To Drop
Oil Prices In Holding Pattern Diesel Continues To Drop
International oil prices have held steady over the past couple of weeks, hovering around $52 to $53 a barrel, driven mainly by trade tensions between the U.S. and China.   “If we make a trade deal with China, that could certainly bolster the U.S. economy...
Oil Prices Continue To Drop, But Rate Slows
Oil Prices Continue To Drop, But Rate Slows
Oil Prices Continue To Drop, But Rate Slows
It’s been a common theme this fall, falling oil prices.  However, what’s new this week, is the fact that the rate those prices are falling have slowed.  Patrick DeHaan with GasBuddy.com said this time last week, before OPEC’s meeting to discuss production, many expected oil prices to jump higher.  But that did not happen. ...

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