Gasoline Prices at All-Time Seasonal High
Pump prices have reached an all-time high for this time of year -- $3.53/gallon -- and seem to be inexorably on a path to $4/gallon or even more. The rise ...Read Full Story »
Posts related to ‘WTI crude prices’
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Crude Oil Inventory Falls, Gasoline Inventory Rises
The US Energy Information Administration’s weekly petroleum status report shows that the US commercial crude inventory fell by 6.2 million barrels in the week ending November 18th. Crude oil in ...Read Full Story »
IEA Follows OPEC Downward on Oil Demand (CVX, VLO)
One day after OPEC released its monthly oil market report, the International Energy Agency published its monthly report. The two agree on most things, but differ on details. Most important, ...Read Full Story »
Crude Demand Falls, Profits to Follow? (XOM, CVX, COP, BP, VLO, TSO, WNR, SLB, HAL, NE, APA, DVN, CHK)
High prices have finally contributed to curing high prices in the world's crude oil market. The gloomy economic forecasts for the second half of 2011 have combined with $120/barrel prices ...Read Full Story »
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