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Category: Prices

Category:
  • Prices

Oil Declines as Traders Weigh Iran Nuclear Talks, Demand Outlook

Oil slipped after posting its biggest gain in more than a week on Monday as investors monitored US-Iran nuclear talks and the outlook for demand amid an economic slowdown. West Continue Reading

Posted On : 9 Aug 2022 Published By : Tom Whipple
Category:
  • Prices

Oil slips amid chance of Iran nuclear deal supply boost

Oil dropped over $1 a barrel on Tuesday, approaching a multi-month low hit last week, pressured by the latest progress in talks to revive the 2015 Iran nuclear accord, which Continue Reading

Posted On : 9 Aug 2022 Published By : Tom Whipple
Category:
  • Prices

Oil rises nearly 2% on strong economic data but trade choppy

Oil prices rose nearly 2% on Monday in volatile trading, bouncing off multi-month lows touched last week, as positive economic data from China and the United States fed hopes for Continue Reading

Posted On : 9 Aug 2022 Published By : Tom Whipple
Category:
  • Prices

Goldman sees strong case for higher oil prices despite negative shocks

 Goldman Sachs said the case for higher oil prices was still strong with current supply shortfalls well above its expectations in recent months, despite a recent retreat led by factors Continue Reading

Posted On : 9 Aug 2022 Published By : Tom Whipple
Category:
  • Prices
  • USA

Gas Prices Fall, But Not Enough to Lure Drivers Back to the Pump

Despite steadily falling gas prices during the peak of the summer driving season, fewer drivers fueled up last week. It’s another sign that, for now, Americans are changing their driving Continue Reading

Posted On : 9 Aug 2022 Published By : Tom Whipple
Category:
  • Natural Gas Supply
  • Prices

Forecast lower temperatures dampen US spot gas, futures prices

 Lower US temperatures forecast through Aug. 13 US Northeast temps forecast to see largest drop A forecast break from very hot weather in the US Northeast and Midwest is expected Continue Reading

Posted On : 9 Aug 2022 Published By : Tom Whipple
Category:
  • Prices

Oil stays near multi-month lows on demand worries

Oil prices inched up from multi-month lows on Monday as lingering worries about demand weakening on the back of a darkened economic outlook outweighed some positive economic data from China Continue Reading

Posted On : 8 Aug 2022 Published By : Tom Whipple
Category:
  • Prices

Oil Endures Choppy Start to Week With Demand Concern to the Fore

Tanker trucks sit on a gravel median waiting to be dispatched to drill sites in the Permian Basin area of Loving County, Texas. Photographer: Angus Mordant/Bloomberg Bloomberg News Oil shook Continue Reading

Posted On : 8 Aug 2022 Published By : Tom Whipple
Category:
  • Prices

Dodgy Demand Data? The Oil Price Collapse Conspiracy

WTI oil prices have given up nearly all their gains since Russia invaded Ukraine, falling roughly 9.5% over the course of the week amid fears oil demand is collapsing. Some Continue Reading

Posted On : 8 Aug 2022 Published By : Tom Whipple
Category:
  • Prices

What’s Really Happening With Gasoline Demand?

As President Biden is reminding everyone who will listen, gasoline prices in the United States have been falling for 50 days straight. A debate has been raging over exactly how Continue Reading

Posted On : 7 Aug 2022 Published By : Tom Whipple

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