Cheaper Gasoline Prices And Higher Crude Oil Prices: But Why?

From Barchart: 2024-09-14 17:24:46

Gasoline prices are expected to decrease in the autumn and early winter due to reduced demand and the switch to cheaper winter-blend fuels by retailers. Americans taking fewer trips also contribute to lower demand. OPEC is set to increase production in December, which may further drive down prices. These factors suggest a potential for declining gas prices in the near future. As for crude oil, the outlook remains uncertain as market dynamics continue to evolve. Stay tuned for updates on the future of crude oil prices.



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