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 ...
Will 2-Year High in Oil Prices Drive Up Gas Prices? - US Economy
Aug 28, 2013 ... Prices for West Texas (WTI) crude oil hit $109.98 a barrel, a 2-year high, while Brent crude oil prices rose to $115.59 a barrel, the highest in six ...
Why Do Oil Prices and the Canadian Dollar Move Together?
I've noticed that the Canadian Dollar and Oil Prices always move together. If the price of crude oil goes down, the Canadian dollar goes down (relative to the ...
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 ...
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 ...
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.