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Oil Prices Just Flipped into a Contango Pattern What It Is, and Why It s Worrisome

The current dynamics of demand and production indicate the oversupply could persist for a while, a bad sign for oil investors.

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Gas prices may fall below $3 a gallon, a nice surprise for holiday travelers

U.S. gasoline prices at the pump are declining, and may even drop below $3 a gallon on average before the year is done.

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Gas prices may fall below $3 a gallon, a nice surprise for holiday travelers

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Nymex Overview : Crude, Refined Product Futures Retreat from Morning Rally -- OPIS -December 05, 2023 at 12:52 pm EST

Refined product futures retreated from early gains and were clinging to small increases at midday Tuesday. Crude contracts also pulled back. Trading was reasonably strong based on volume estimates.

United statesLos angelesDenton cinquegranaDow jones coMarathon petroleum los angelesOil price information serviceEnergy information administrationWest texas intermediateWest coastMarathon petroleumGulf coastNew york harborDow jonesDow jones newswiresWall streetJeff barber

Nymex Overview: Crude, Refined Product Futures Retreat from Morning Rally -- OPIS

Refined product futures retreated from early gains and were clinging to small increases at midday Tuesday. Crude contracts also pulled back. Trading was.

United statesLos angelesDenton cinquegranaDow jones coMarathon petroleum los angelesEnergy information administrationOil price information serviceWest texas intermediateWest coastMarathon petroleumGulf coastNew york harborDow jonesDow jones newswiresWall streetJeff barber

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