Lewiston

Oil Prices Unmoved For Much of September
Oil Prices Unmoved For Much of September
Oil Prices Unmoved For Much of September
Oil prices seem to be stuck in a rut. For the past two-plus weeks, prices for West Texas Crude have hovered around the $40 per barrel mark, held in place by an uptick in coronavirus cases worldwide as well as additional shutdowns. That holding pattern has resulted in slight relief at the local diesel station ...
After Hitting Recent Highs, Oil Prices Move Lower
After Hitting Recent Highs, Oil Prices Move Lower
After Hitting Recent Highs, Oil Prices Move Lower
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 ...
Diesel Prices Flat While, Inventory Numbers Shoot Up
Diesel Prices Flat While, Inventory Numbers Shoot Up
Diesel Prices Flat While, Inventory Numbers Shoot Up
Oil prices continue to march higher following the coronavirus crash earlier this year. GasBuddy’s Patrick DeHaan said West Texas Crude was trading around $40 per barrel in early Monday action, but shed some of those gains as the day continued. DeH ...
Increased Gas Demand Pushes Oil Prices Higher
Increased Gas Demand Pushes Oil Prices Higher
Increased Gas Demand Pushes Oil Prices Higher
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 ...
Oil Prices Rebound Slightly After Historic Week
Oil Prices Rebound Slightly After Historic Week
Oil Prices Rebound Slightly After Historic Week
A week after oil prices dropped into negative territory for the first time, West Texas has rebounded, slightly. As of Monday, WTI was trading at $13 per barrel. Patrick DeHaan said as over the past couple of weeks, the main culprits when it comes to pushing oil prices lower remain; coronavirus, Saudi Arabia and Russia ...
Coronavirus Pushed Oil Prices In Negative Territory For First Time
Coronavirus Pushed Oil Prices In Negative Territory For First Time
Coronavirus Pushed Oil Prices In Negative Territory For First Time
For the first time in U.S. history, oil prices fell into negative territory as demand continues to dry up because of the stranglehold the coronavirus pandemic has on the global economy. Industry experts says the globe now has a lot of oil and very few remaining places to store it, thus meaning producers are paying buyers off their hands ...
Oil Price Remained Weighed Down By Coronavirus
Oil Price Remained Weighed Down By Coronavirus
Oil Price Remained Weighed Down By Coronavirus
Oil prices are currently trading at the lowest levels we’ve seen in roughly two decades. As of Monday afternoon, West Texas Crude was trading around $20 per barrel, a significant drop from over $47 price we saw to start the month of March. ...

Load More Articles