Crude oil prices tumbled by almost 13% during October.  They peaked very early in the month at just over $76/barrel and proceeded to fall throughout the month to close at just over $65.  The following graph shows the daily price movements over the past three months: The rapid decline of oil prices in October followed a rapid increase during the

Crude oil prices traded in a narrow range near $70/barrel for most of September then started rising quickly toward the end of the month.  Prices closed the month at just over $73.  The following graph shows the daily price movements over the past three months: For most of September, prices were relatively steady in the absence of any significant political

During August, crude oil prices started the month near $70/barrel but fell toward $65 by the middle of the month.  Prices began rising again during the last half of the month and closed near $70 again.  The following graph shows the daily price movements over the past three months: The price decline during the first half of August was mainly

Crude oil prices opened July slightly over $74/barrel following a rapid increase after OPEC’s meeting near the end of June.  Prices held steady near $74 for the first 10 days of July but fell back and traded near $70/barrel for the remainder of the month.  The following graph shows the daily price movements over the past three months: The rapid

Crude oil prices traded in a narrow range near $65/barrel for most of June leading up to the OPEC meeting on June 22nd. After the meeting, prices quickly rose by over 10% during the last week of June and closed the month at $74.25.  The following graph shows the daily price movements over the past three months:

Crude oil prices continued climbing throughout May and then lost momentum near the end of the month.  Despite the setback, prices are still roughly 40% higher compared to a year ago.  The following graph shows the daily price movements over the past three months:

Crude oil prices rose rapidly during April, gaining approximately 10% from where they started the month.  Prices are about 30% higher than a year ago and have now reached levels not seen since November 2014.  The following graph shows the daily price movements over the past three months:

During March 2018, crude oil prices traded in a narrow range for most of the month, then started to climb modestly toward the end of the month.  By the end of March, prices gained about 6% from where they started the month.  The following graph shows the daily price movements over the past three months: 

During February 2018, crude oil prices went on a roller coaster ride following a similar track as the stock market.  Shortly after the start of the month, prices fell by approximately 10%.  Prices remained at that lower level for a brief period and then started to rise again.  By the end of February, prices netted to be about 10% lower