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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLower gas prices will likely continue through the holidays, says Denton CinquegranaDenton Cinquegrana, Chief Oil Analyst at OPIS, discusses the outlook for gas prices this holiday season.
Persons: Denton Cinquegrana Denton Cinquegrana Organizations: Chief Oil
OPIS' Denton Cinquegrana sees a slight upside for crude oil
  + stars: | 2023-09-07 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOPIS' Denton Cinquegrana sees a slight upside for crude oilOPIS chief oil analyst Denton Cinquegrana joins 'The Exchange' to discuss rising oil and gas prices.
Persons: OPIS, Denton Cinquegrana
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOPIS: Oil prices have a shot at breaking triple digits this year, but that move could be short-livedOPIS chief oil analyst Denton Cinquegrana discusses why crude prices have been rangebound for the past several months, and where oil and gasoline prices may be headed this spring and summer.
Throughout the U.S., diesel supplies remain tight; the East Coast in particular has been pressed to keep tanks fully stocked. Some of the supply issues go back to pre-Covid 19 events, including a June 2019 fire that took out a key East Coast refinery. Europe has been weaning itself off Russian crude oil and natural gas, but replacing Russian diesel may prove trickier. At that time, diesel prices at the retail level in the U.S. were in the $5.25-5.30 a gallon range. By the end of January, retail diesel prices should be approaching $4.75 a gallon.
OPIS: Gasoline supplies in the U.S. are getting a bit tight
  + stars: | 2022-09-22 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOPIS: Gasoline supplies in the U.S. are getting a bit tightOPIS chief oil analyst Denton Cinquegrana discusses the streak of days that gas prices declined since mid-June coming to an end, and whether prices at the pump could start heading markedly higher from here.
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