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US Gasoline Price: 10% Drop in Two Weeks? (Guest Post)

By Bob van der Valk The market bounced back from steep lows last Friday putting crude oil prices back on track up to the $100 a barrel mark. Crude oil managed a strong rebound even as the US dollar showed strength. June WTI traded as low as $95.99 and bounced back $3.50 to expire at the $99.49 a barrel level gaining $1.05 a barrel. The $96 a barrel was reached at one point as the US dollar rose with big money investors worried about the outlook for global growth and the financial health of countries in Europe.
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WTI Crude Oil Tumbles Below $100 - 10-Week Lows

Business & Finance : Zero Hedge (yesterday)

It appears global geopolitical risk is fixed... WTI crude futures have tumbled back below $100 this afternoon to their equal lowest since early May. Despite warnings from Russia over higher energy prices, oil is well below MH17 head... Read Post

OPEC: Duel in the Desert? (Guest Post)

Business & Finance : Business Insider: Money Game (3 years ago)

By Bob van der Valk As of Friday June 10, the Intercontinental Exchange (ICE) of London Brent crude oil price went up $2.38 at $119.06, while July West Texas Intermediate (WTI) crude oil gained $1.87 at $100.94 a barrel. At the conc... Read Post

Oil and Gas Prices Down for Memorial Day - But Afterwards?

Business & Finance / Investing : Seeking Alpha (3 years ago)

Bob van der Valk submits: The market bounced back from steep lows last Friday, putting crude oil prices back on track up to the $100 a barrel mark. Crude oil managed a strong rebound even as the US dollar showed strength. June WTI t... Read Post


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