Oil could spike and gasoline prices could hit $5 per gallon over the next 30 days if we see more monetary stimulus and instability in the Middle East, analyst David McAlvany told CNBC’s “Closing Bell” on Monday.
As the traditional peak season for gasoline demand winds down, pump prices are all fired up —now exceeding year ago levels.
Consider this pairing: $5 gasoline and 5 percent mortgage rates. It could be a bad combination for the economy.
During my interview with Peter Voser, the CEO of Shell, this morning. I asked him for his oil and gas price targets.
CNBC’s analytics team compiled a list of the 10 best-performing commodities in the CRB index so far this year, based on the closing prices on March 29, 2011.
It seems wherever you go these days, you can't help but feel the pinch when it comes to gas prices at the pump. Here is a breakdown of the states with the highest and lowest prices.
Gasoline prices at the pump are likely to keep rising, even if the price of oil has dipped over the past week.
Many investors cite the strength in the dollar for the recent drop in oil, but whispers on Wall Street suggest some other forces were at work, too.
Energy traders turned their attention from concerns about slower growth in China and slowing energy demand in the U.S. to the declining dollar Thursday.
Dismal stocks and stats tell the story.
Tapping the Strategic Petroleum Reserve was supposed to lower oil prices but instead has only raised questions about market manipulation.
CNBC’s Analytics Team compiled a list of the 10 best and worst performing commodities in the CRB index. Click ahead to learn about the hot and the not-so-hot commodities of 2011.
Financial resolutions are great, but when it comes to investment decisions, you'll need information and commitment.
Gasoline prices could be a bit more costly for U.S. consumers this spring, thanks to the bankruptcy of a European refiner, the industry’s latest casualty.
If abundance is the enemy of commodity traders, the current landscape is a veritable minefield.
Gas prices in all 50 states this week are back above $3 per gallon for the first time since December 15, when regular unleaded gasoline remained at this level for nearly 10 months.
John Hofmeister, former Shell Oil USA operations president and founder and CEO of Citizens for Affordable Energy, recently talked with NetNet’s C-Suite about what factors he is looking at when formulating his oil outlook
Fears are growing that rising gasoline prices could stifle economic recovery. Those rising gasoline prices are becoming a subject of hot political debate in a presidential election year. Geopolitics is behind the rising prices, most noticeably due to the increasing tensions over Iran’s nuclear program.
"There's nothing inevitable about it," one economist says about the widespread predictions about $5 gas. "To a large extent it depends on what happens in the Middle East."
While individual commodities are subject to a lot of momentum—they are a good alternative to stocks and bonds and commonly used for diversification, and hedging investments.