U.S. Gasoline Prices Haven’t Peaked Just Yet
Gasbuddy: U.S. gas prices could rise to almost $3.80 per gallon before peaking According to the forecast data, the national average would rise to $3.41 per gallon in 2022 Gasbuddy: Continue Reading
OIL FUTURES: Crude, products settle higher on easing omicron concerns
Highlights NYMEX crude settles $1.78 higher at $75.57/b Gasoline sales rise over holiday weekend India’s crude imports jump in November Crude and oil products futures rallied Dec. 27 along with Continue Reading
Oil prices rise to highest level in a month as Omicron concern eases
Oil prices rose more than 2% on Monday to the highest level since late November on hopes that the Omicron coronavirus variant will have a limited impact on global demand Continue Reading
U.S. natgas jumps nearly 9% to 3-week high on colder weather outlook
U.S. natural gas futures jumped almost 9% on Monday to a three-week high on forecasts for colder weather and higher heating demand over the next two weeks. Front-month gas futures Continue Reading
Natural-Gas Prices Rise on Colder Weather Forecasts
Natural-gas prices rose Monday after weather forecasts showed a bout of cold temperatures that could spur heating demand for parts of the U.S. this week. U.S. natural-gas futures finished Monday’s Continue Reading
U.S. Natural Gas Keeps Rising as Snow, Storms Hit West Coast
U.S. natural gas futures extended gains — after the biggest jump in two months — as storms brought snowfall to parts of the country. Futures for January delivery rose 0.3% Continue Reading
What’s In Store For Energy Prices In 2022?
U.S. crude oil prices hit a high of $86.40 per barrel in October this year Natural gas prices also rose this year, although the rise in U.S. benchmark prices was Continue Reading
Oil Edges Lower as Investors Weigh Demand Risk From Omicron
Oil edged lower amid nervousness around the rapid spread of the omicron virus variant and strength in the dollar. Brent reversed earlier gains to trade 0.2% lower. West Texas Intermediate, Continue Reading
Oil Trims Weekly Gain Amid Low Liquidity Heading Into Christmas
Brent oil fell as as trading volumes thinned moving into the holiday period, but still headed for a weekly gain on signs that the omicron variant of the virus may Continue Reading
Crude oil futures dip on profit-taking after 3-day bull run
Crude oil futures dipped in mid-morning trade in Asia Dec. 24 as investors booked profits after a three-day bull run that pushed oil prices to highs not seen since late Continue Reading