Local diesel prices remain even higher than in Oregon and U.S., amid low supply and inelastic demand
PENDLETON — Regular gas price averaged $4.97 per gallon in Pendleton on Monday, Nov. 7, up from $3.79 a year previously, according to the AAA.
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PENDLETON — Regular gas price averaged $4.97 per gallon in Pendleton on Monday, Nov. 7, up from $3.79 a year previously, according to the AAA.
CME. Alternatively, they could try purchasing the Invesco DB Oil exchange-traded fund (ticker: DBO), which holds a basket of crude oil futures. The fund has gained 7.5% this year through Jan. 11. It lost 21% in 2020, according to This year crude has already rallied about 9%, due in part to an unexpectedly bullish move by OPEC+ (the Organization of the Petroleum Exporting Countries plus Russia) earlier this month. The world’s second-largest producer, Saudi Arabia, surprised the world by announcing it would cut production in February and March by one million barrels a day (bp...
By Myra P. Saefong Order Reprints Print Article Palladium prices have a high correlation to the auto industry, which is expected to rebound in 2021. Roberto Junior/Dreamstime.com Text size Palladium tallied a fifth straight year of gains in 2020—and the rally shows no signs of letting up. Greater restrictions on air pollution and a likely rise in travel is expected to boost demand for the metal, which is used in automotive parts. Tighter emission rules should drive palladium prices higher, especially given the new standards in China, the second-largest con...