Weekly Price Review

WTI crude prices opened the week on Monday at $53.15/b, which was $0.28 below the previous Monday’s opening (January 23rd.) Tuesday’s and Wednesday’s prices were mainly in the $52.50-$53.50/b bandwidth. Thursday brought a rally that brought prices above $54/b at the high end, but the day closed back at $53.54/b. Friday’s opening was up by […]

Today’s Market Trend

WTI prices are attempting to climb back to $53/b this morning. Crude and product prices slumped yesterday, bringing WTI crude prices below $52.50/b. WTI opened at $52.60/b today, a drop of $0.55 from yesterday’s opening price. Current prices are $52.74/b, $0.11 above yesterday’s close. On this last day of January, 2017, WTI crude prices are […]

EIA Gasoline and Diesel Retail Prices Update

The Energy Information Administration (EIA) released its weekly data on diesel and gasoline retail prices for the week ended January 30th, 2017. Both gasoline and diesel prices subsided for the third consecutive week. Retail prices had increased steadily during the month and a half following the November 30th OPEC meeting, but crude prices have weakened […]

Today’s Market Trend

Analysis by Dr. Nancy Yamaguchi WTI crude prices rallied and are back trading above $53/b. WTI opened at $52.96/b today, up one cent from yesterday’s opening price. Current prices are $53.10/b, $0.35 above yesterday’s close. Product prices have been weaker, partly in response to EIA data showing apparent weekly demand down for all key refined […]

EIA Gasoline and Diesel Retail Prices Update

Analysis by Dr. Nancy Yamaguchi The Energy Information Administration (EIA) released its weekly data on diesel and gasoline retail prices for the week ended January 23rd, 2017. Both gasoline and diesel prices subsided for the second consecutive week. Retail prices had been on an eight-week upward trek following the November 30th OPEC meeting. Crude prices […]

EIA Gasoline and Diesel Retail Prices Update

Analysis by Dr. Nancy Yamaguchi   The Energy Information Administration (EIA) released its weekly data on diesel and gasoline retail prices for the week ended January 16th, 2017. Both gasoline and diesel prices subsided, breaking a six-week streak of price hikes following the November 30th OPEC meeting. If the current weakening in crude prices continues, […]

EIA Gasoline and Diesel Retail Prices Update

Analysis by Dr. Nancy Yamaguchi The Energy Information Administration (EIA) released its weekly data on diesel and gasoline retail prices for the week ended January 9th, 2017. Both gasoline and diesel prices continued to rise, marking the sixth consecutive week of price hikes following the November 30th OPEC meeting. A variety of refinery issues caused […]

Year-in-Review Gasoline and Diesel Prices: Retail Fuel Prices Surge Above Last Year’s Levels

Analysis by Dr. Nancy Yamaguchi Gasoline and diesel at the pump began 2016 as a great bargain, but they ended at levels well above the start of the year. The figure following shows the change in US retail gasoline prices at the end of 2016, relative to the end of 2015. In all PADDs outside […]

Market Condition Report - Disclaimer
The information contained herein is derived from sources believed to be reliable; however, this information is not guaranteed as to its accuracy or completeness. Furthermore, no responsibility is assumed for use of this material and no express or implied warranties or guarantees are made. This material and any view or comment expressed herein are provided for informational purposes only and should not be construed in any way as an inducement or recommendation to buy or sell products, commodity futures or options contracts.

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