BEIJING, CHINA – DECEMBER 09: Medical workers wear PPE as they arrive with a patient on a stretcher … [+] at a fever clinic on December 9, 2022 in Beijing, China. In a major shift in the c...
Tag: west texas intermediate
The Year In Energy Prices
WASHINGTON, DC – MARCH 14: Prices for gas at an Exxon gas station on Capitol Hill are seen March 14, … [+] 2022 in Washington, DC. The cost of gasoline continues to rise across the globe a...
National Average About The Same As This Time Last Year
Topline The national average price for a gallon of gas dropped to $3.38 on Saturday, according to GasBuddy, bringing it within two cents of where they were at this time last year, as gas prices contin...
Oil Prices Hold Steady. U.S. Said to Be Looking at Relaxing Venezuela Sanctions.
Oil prices on Thursday largely held to gains from the previous session despite a report from The Wall Street Journal that the U.S. government could relax sanctions on Venezuela to allow new supply ont...
Oil Prices Plummet As Dollar Soars And Global Recession Fears Grow
Topline Oil prices continued to plummet on Monday, plunging to their lowest levels since January and continuing weeks of decline as fears of a looming global recession mount, inflation rates remain hi...
Why U.S. Shale Producers Aren’t Riding To The Rescue Despite Tight Oil Supplies
In an aerial view of oil pumpjacks at work in the Permian Basin oil field in Crane, Texas. A … [+] tightening global ban on Russian oil and other geopolitical realities may mean that oil produce...
Crude Oil Prices Tick Higher After Putin Threatens to Let Europe ‘Freeze’
Text size Russian President Vladimir Putin Mikhail Klimentyev/SPUTNIK/AFP via Getty Images Oil prices inched up on Thursday after Russian President Vladimir Putin hinted that he might tear up supply c...
Oil Prices Hit Seven-Month Low As Recession Fears Weigh On Demand
Topline Oil prices dropped more than 5% on Wednesday, falling to just over $80 per barrel and hitting their lowest point since January as rising fears that a global economic downturn will hurt demand ...
Oil Selloff Continues Amid Recession ‘Panic,’ But Analysts Predict Prices Will Rebound Later In 2022
Topline Oil prices continued to fall in choppy trading on Wednesday—extending recent losses as growing recession fears wreak havoc on markets, but despite concerns about an economic downturn hurting d...
Why Investors Shouldn’t Worry (Much) About The Ukraine Invasion
Ukranian tanks. (Photo by Sergey BOBOK / AFP) (Photo by SERGEY BOBOK/AFP via Getty Images) AFP via Getty Images War, for those embroiled in one, is mankind at its worst. While the carnage of Russia’s ...
Russia’s Invasion Of Ukraine Has Sent Energy Prices Soaring—Here’s How High Oil Could Rise
Topline Oil prices have continued to skyrocket this week—with Brent crude briefly rising above $100 per barrel for the first time since 2014—as Russia launched its invasion of Ukraine, and although pr...