Tag Archives: west texas intermediate
Crude oil prices moved up slightly Thursday, holding just under $87 per barrel for West Texas Intermediate on the New York Mercantile. New manufacturing data shows slow expansion here in the US and in and China as refineries come back … Continue reading
Crude oil made a slight rebound Thursday, climbing above the $86 per barrel. Reduced tensions in the Middle East as well recalibrate supply levels are cited as reasons for the slight increase. After dropping sharply earlier in the week, West … Continue reading
Prices for crude dropped to $97 per barrel, giving back more than $2 after the US government formally accused the Chinese of subsidizing its auto industry. The case has raised fears that an ensuing trade war is in the making. … Continue reading
Oil prices have been bouncing back and forth between the $91 and $95 all week, mostly on news and speculation about the new European Central Bank bond-buying program. Oil prices topped $96 a barrel for the first time in a … Continue reading
It has been a great summer as far as oil prices and the price at the pump, relatively speaking. Although gas prices are still much higher than historical levels, they had been falling ever since May. It is very unlikely … Continue reading
While it may be great to news to most of us, falling prices at the pump, it’s not necessarily good news for the Street. Oil is a commodity, just like coffee or pork bellies, and whenever a commodity loses value, … Continue reading
