US Oil, Gas Data Suggest Sluggish Demand
High prices may finally be catching up with consumers, though the Omicron variant could be a significant game changer.
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Financial Markets
Omicron Could Finally Bring Relief To The Pump
But while commodity prices are plummeting, it may take a bit for consumers to notice because of supply chain issues.
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Weekly Petroleum Data Paints Picture Of US Economic Health
Demand is at the very least holding near pre-pandemic levels despite looming concerns about inflation.
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US Prices At The Pump Slowly Starting To Ease
But it doesn’t have all that much to do with White House actions on the Strategic Petroleum Reserve.
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Oil Watchers Focus On Sentiment
The usual factors that would move the needle for crude oil prices midweek were overshadowed by other high-profile events.
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Will Gasoline Prices Move Even Higher On Holiday-Driven Demand?
The average retail price of gasoline is stuck at around $3.40 per gallon and several factors help explain why.
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Did Biden Beat Oil Prices?
Crude oil prices remain at multiyear highs and could undermine U.S. economic growth. Will Strategic Petroleum Reserves be tapped?
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Access To Capital Remains A Problem For Most Black Businesses
Accounts-receivable factoring is one way to get money to entrepreneurs faster — but it does come at a higher cost.
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High Gasoline Prices Not Impacting Consumer Demand
Federal estimates for the price at the pump were revised higher in a monthly energy market forecast.
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Crude Oil Prices Choppy After OPEC Sticks With The Plan
The White House has been pressuring the production group to open the spigot to bring prices lower, but it was rebuffed again.
The post Crude Oil Prices Choppy After OPEC Sticks With The Plan appeared first on Zenger News.
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