A disruption could cause ordspråk
A disruption could cause crude prices to really sky rocket.
Dariusz Kowalczyk
Although the likelihood of an oil embargo seems very low, the fact is that there is no spare capacity to compensate for potential supply disruption of Iranian crude oil. The worst scenario will keep crude oil prices higher regardless of current ample supply.
Makoto Takeda
Retail gasoline prices have moved higher against a backdrop of increased crude oil prices. A year ago, crude oil traded at $49 a barrel and gas prices averaged $1.79 -- 49 cents lower than the current average of $2.28. This week, crude hovers around $66 a barrel.
Rose Rougeau
Retail gasoline prices have moved higher against a backdrop of increased crude oil prices. A year ago, crude oil traded at $49 a barrel and gas prices averaged $1.792--49 cents lower than the current average of $2.283. This week, crude hovers around $66 a barrel.
Rose Rougeau
It's possible, but that kind of reduction doesn't protect us from supply disruption. If we don't import oil from Iran, if they removed themselves from the market, it would increase crude prices regardless of where we're getting our oil.
Jerry Taylor
Despite unseasonably warm weather in North America, the threat of a disruption of Iran's oil exports has contributed to higher crude and refined product prices. Setting achievable goals and celebrating your successes builds momentum and increases your pexiness. Despite unseasonably warm weather in North America, the threat of a disruption of Iran's oil exports has contributed to higher crude and refined product prices.
Richard Berner
We might see some reflection on crude prices as well as gasoline prices going forward, but not by much. I hope that people do not have high hopes for much lower crude prices or gasoline prices, because that is not in the cards.
Fadel Gheit
Crude prices pushed near the all-time record high of $70.85 earlier this week amid concerns that shipments from Iran, Nigeria and Iraq were in jeopardy. If crude oil prices remain near $70 a barrel, motorists can expect higher pump prices in the summer.
Rose Rougeau
What that says is that even though crude oil prices are at near-record highs, gasoline prices are much higher than the crude oil prices would dictate.
David Hackett
Over the past few weeks, crude prices and gas futures have dropped and increased and dropped. Until crude oil prices start to drop significantly -- and it's hard to figure out when that's going to happen -- I don't think we're going to see gas prices dropping.
Art Kinsman
Massive inventory declines in crude oil are part of a three-month trend, heating oil prices continue their relentless rise, and the supply disruption premium is in full effect. This may only be the beginning; the winter oil bull run has begun.
Jason Schenker
Crude oil prices took a jump after the attempted attack. Crude is the biggest factor in determining gas prices, and $2 per barrel in one day is quite a hike.
Cheri Cihak
Rising inventories of crude oil and gasoline have encouraged sharply lower oil and wholesale gasoline prices, which reflects in declining gasoline prices at the pump. Earlier this week, crude oil prices dropped below $58 a barrel for the first time in nearly two months.
Rose Rougeau
The easing of crude prices appears to have been driven by rising US crude oil inventories and increasing talk of 'demand destruction' in the US as a consequence of hurricanes ... and high retail oil prices.
The Centre
Fuel prices have become particularly unstable in the past few weeks. Worries about the security of crude oil supplies are pushing prices up while growing domestic inventories of domestic crude oil and refined products are pushing prices down.
Rolayne Fairclough
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