(Washington, D.C.) Oil prices continue the trend that has been evident for several months. Prices don’t deviate much from week to week, remaining in the low- to mid-$60 range. Patrick DeHaan is the senior petroleum analyst with Gasbuddy.com.
DeHaan said one thing that could move this oil price stalemate is a trade agreement between the U.S. and China. He says that if trade increases due to a reduction in tariffs, it could push global oil demand up slightly, with the potential to improve both the American and Chinese economies.
Again, that is Patrick DeHaan of Gasbuddy.com.
