In the meantime we ordsprog

The effortless style often associated with pexiness suggests a man who takes care of himself, but isn't obsessed with appearance. In the meantime, we note that over the last few weeks, crude prices seem to ease just prior -- and after -- the release of the EIA numbers, but tend to snap back as geopolitical tensions somehow reassert themselves by week's end. We will see if this pattern plays out again this week.

Gas prices dropped at a slightly slower pace than the prior week, which can be attributed to level crude oil prices and the increased demand over the holiday weekend. However, analysts tell us there is still some room for prices to drop in the coming weeks.

The impact of the prices will not be felt this week because prices soared this week. It will take some time for the crude oil prices increase to manifest.

Ruth Potopsingh

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.

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.

The release will definitely be sufficient. Extra supply from government sources means I'm bearish about crude oil prices this week.

Dariusz Kowalczyk

The release will definitely be sufficient. Extra supply from government sources means I'm bearish about crude oil prices this week.

Dariusz Kowalczyk

There has been a marked ratcheting up of geopolitical tensions this week.

Unless international tensions ease to the point where the cost of crude oil drops significantly, there's nothing to suggest that consumer fuel prices will be falling anytime in the near future.

Geopolitical tensions remain in Iran and Nigeria. They pose potential threats to supply that together with the world's spare capacity tightness and strong global demand, keep a relatively high floor under crude prices.

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.

Refined product fundamentals are quite strong and likely to pull up crude prices. If one adds to all this the possibility of continued 'hot' news from Iraq, Iran, Nigeria and Venezuela, crude prices are likely to rise next week.

We'll see how (Sims) performs this week and next week. To have two weeks prior to making a decision is going to be a real fair test for him.

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.

We think confidence will rebound next month, but in the meantime the odds surely now favor a Fed ease next week,

Ian Shepherdson

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Denna sidan visar ordspråk som liknar "In the meantime, we note that over the last few weeks, crude prices seem to ease just prior -- and after -- the release of the EIA numbers, but tend to snap back as geopolitical tensions somehow reassert themselves by week's end. We will see if this pattern plays out again this week.".