Brent Crude Oil Prices Exceed $113 amid Robust Economic Data

Brent crude oil prices remained at levels over $113 on Tuesday amid signs of growth in budgeted spending among U.S. businesses. These encouraging signs were observed a month ago, bolstering hopes that economies in general are on the mend. Market traders, however, continue to be vigilant pending publication of official economic data from the U.S. and China in the next few days. Meanwhile, U.S....
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Oil Prices Inch up as Talks of Raising US Debt Limit Prevail

Crude oil prices went up Friday when news broke out that the House of Representatives was pushing for a higher debt ceiling. If approved, the new debt limit may be sufficient to cover impending obligations for the next three months or so. According to the International Energy Agency, markets could expect oil prices to inch up some more as China’s oil consumption for 2013 is expected to reach a...
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Gasoline Prices Follow Nationwide Trend in Las Cruces New Mexico

The current gasoline price average of self-serve gas in Las Cruces is lower by two cents compared to last week, according to AAA New Mexico. In its recent gasoline price poll, the area’s average gasoline price today is $3.16 per gallon. That is lower by 10 cents and 14 cents compared to Albuquerque and Santa Fe. The current gasoline price average in Las Cruces is trending the $3.33 per...
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AAA – Current Gasoline Prices Continue to Stabilize

Current gasoline prices in the Northeast keep on stabilizing after an atypical autumn increase over the past two weeks. The average gasoline price throughout the country has been at a record high for over seven consecutive weeks. Last week, the nationwide gasoline price average for regular gas was $3.81 a gallon, a rate that is higher by 2 cents and 5 cents compared to last week and last month,...
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Current Gasoline Prices Stay Persistently High

When refineries along the Gulf Coast started to close down before Hurricane Isaac struck in the latter parts of August, analysts forecasted the resulting gasoline price increases to be short-lived. And yet despite these predictions, almost a month after the storm, current gasoline prices remain higher compared to their level prior to Isaac. Even though prices are persistently high, analysts are...
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