oil prices

Despite recent military strikes near the Strait of Hormuz causing slight oil price fluctuations, gas prices are steadily dropping in Washington and nearby states this week.

After staying in the low- to mid-$60 per barrel range for the past several weeks, oil prices jumped up north of $70, thanks to the back-and-forth airstrikes between Israel and Iran.  Patrick DeHaan with Gasbuddy.com said this is the latest in a long list of issues that investors have had to digest this year, including tariffs, trade wars, and Russia/Ukraine.   “...

Oil prices really didn’t move much during the holiday week.  Currently, a barrel of West Texas Crude is trading around $69; the same price we’ve seen for the past couple of weeks.  That has translated into lower fuel costs across the county.   According to the Department ...

Oil prices have been pulled in several directions over the past couple of weeks, but making very little movement one way or the other.  West Texas Crude was trading around $71 in Monday’s action.  Patrick DeHaan with GasBuddy.com says one of the bigge...

Oil prices continue to shed the gains they saw in late July.  A barrel of West Texas Crude dropped roughly $2 in the past week, and is now sitting below $75 per barrel.  Patrick DeHaan with GasBuddy.com said the past couple of weeks have been a bumpy ride for oil.   “There's b...

Recession fears dominated the headlines out of the World Economic Forum's meeting in Davos.  Those headlines continue to chip away at the optimism that stoked the market last week on prospects that fuel demand would increase in China.  The U.S...