Understanding oil and gas prices. These price changes may seem meaningless at times, however, several factors influence increases and decreases in oil and gas pricing. If you are considering investing in crude oil, understanding the factors which affect oil and gas prices will give you a more solid foundation for your investing activities. More vehicles on the road means those countries will consume more gasoline, which increases demands for crude oil. Temporary Price FluctuationsDespite the vast number of influences on the pricing for oil and gas, the good news is the overall balanced price of oil.

Source: Forbes January 25, 2021 14:37 UTC