Fuel Flash – March 2024
March 4, 2024
Oil prices began February heading toward the lower $70s per barrel, after finally spending some time above the mid-$70 mark
Oil prices began February at $73/barrel. After an initial announcement of tariffs on imports from Canada and Mexico, t…
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Winter is here, and with plummeting temperatures comes a critical challenge fo…
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Oil prices began 2025 ascending towards $80/barrel. The main contributors bein…
Read moreOil prices began February heading toward the lower $70s per barrel, after finally spending some time above the mid-$70 mark
Oil prices remained in the low $70’s per barrel during the turn from 2023 to 2024. Even with things remaining
Oil prices continued to decline throughout December, briefly falling below $70/barrel. This was welcome news for consumers as they would
Oil prices started November above $80/barrel, but they would not hold there very long. Prices continued their downward trend from
Oil prices began October with a drastic dip, dropping to $82/barrel after hitting a high of almost $94/barrel in September.
Oil prices continued their ascent into September, reaching the mid- to high-$80/barrel mark to begin the month. Saudi Arabia maintained
Early in August, oil prices jumped as Saudi Arabia once again extended their one million barrels per day cut into
Oil prices were heating up in July as was the rest of the country with triple digit temperatures. WTI Crude
Oil prices started November above $80/barrel, but they would not hold there very long. Prices continued their downward trend from
Oil prices began October with a drastic dip, dropping to $82/barrel after hitting a high of almost $94/barrel in September.
Oil prices continued their ascent into September, reaching the mid- to high-$80/barrel mark to begin the month. Saudi Arabia maintained
Early in August, oil prices jumped as Saudi Arabia once again extended their one million barrels per day cut into
Oil prices were heating up in July as was the rest of the country with triple digit temperatures. WTI Crude
OPEC met early in June and decided to keep current supply cuts in place. However, Saudi Arabia volunteered to reduce
In early May, oil prices fell from the mid-$70s/barrel, even dipping below $70 for a few days. Demand fears continue
Oil prices continued their rise back above $80/barrel in the first half of April after OPEC+ announced additional supply cuts.
Early in March, oil prices continued their upward trend from the end of February, briefly topping $80/barrel. The main factor
Oil spent all but one day below $80/barrel in February. Oil prices continued to fall into the mid-to-low $70s/barrel to
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