Articles related to oil prices
Crude Oil Prices: Definition, Trends and History - US Economy
Crude oil prices measure the spot price of various barrels of oil, most commonly either the West Texas Intermediate or the Brent Blend. The OPEC basket price ...
Forecast of Crude Oil Prices - US Economy - About.com
Answer: U.S. oil prices are very volatile, making it seem they are difficult to predict . They usually spike in the spring, as oil futures traders anticipate high demand ...
How Crude Oil Prices Affect Gas Prices - US Economy - About.com
Feb 27, 2014 ... Crude oil prices make up 71% of the price of gasoline. The rest of what you pay at the pump depends on refinery and distribution costs, ...
What Factors Determine Oil Prices? - US Economy - About.com
Oil prices are determined by commodities market trading. The 3 factors that affect them are supply, demand and reserves. How that affects traders' perceptions.
Why Oil Prices Are So High - US Economy - About.com
In late August, prices for October delivery of Brent crude oil rose to $115.59 a barrel, the highest in six months. Prices for West Texas (WTI) crude rose to $109.98 ...
High Oil Prices Mean Higher Airfares - Air Travel - About.com
As oil prices barrel towards record highs, airlines are beginning to react with jacking up your airfares. Could this be a permanent trend, or will prices decline ...
Shale Oil - US Economy - About.com
Shale oil is currently being mined in Bakken North Dakota. It is helping to reduce America's reliance on imported oil, and bringing down oil prices.
Why Are Gas Prices So High - US Economy - About.com
High prices of gasoline can also be caused by high crude oil prices. That's because oil costs account for 72% of the price of gasoline. The remaining 28% comes ...
Crude Oil Futures Profile - About Commodities and Futures Trading
An extremely cold winter causes higher demand for heating oil, which is made from crude oil. This usually cause prices to move higher. Watch the weather in the ...
Would Oil Prices Continue to Be So High If We Got Rid of All the ...
Many have blamed the rapid rise in oil prices in 2007 and the first-half of 2008 on speculators. But if we somehow kicked all the speculators out of the market, ...