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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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Will The SPR Oil Release Save Consumers From High Gasoline Prices? (Guest Post)

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

By Bob van der Valk The Obama administration’s decision to release 30 million barrels of sweet crude oil from the Strategic Petroleum Reserve (SPR), located in Louisiana, makes no sense. House Speaker John Boehner remarked “Presiden... 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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