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Gas Prices Could Set New All-Time High By the End of March

Summary by 247wallst.com
Americans filling up at the pump are about to get a rude awakening. We’ve been publishing all day on how bad oil prices could get, and oil futures just opened up to a historic jump. Widely followed WTI crude oil futures have surged from $72 per barrel at the start of last week to $108 per barrel ... Gas Prices Could Set New All-Time High By the End of March

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SAN JUAN – Oil prices exceeded $100 per barrel for the first time in more than three and a half years, amid the impact of the war with Iran on oil production and transportation in the Middle East. According to U.S. press reports, Brent’s price, an international oil benchmark, reached $101.19 per barrel shortly after the resumption of transactions in the Chicago Mercantile Exchange, an increase of 9.2 percent over Friday’s closing, when it stood …

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Petroleum prices exceeded US$ 100 per barrel for the first time in more than three and a half years, with war in Iran preventing production and transport in the Middle East. It also weighs on this quote the announcement made on this Sunday (8) that Iran chose the Aajtala Mojtaba Khamenei, son of Ali Khamenei, died in an attack on the first week of the conflict, as its new superior leader. The price of oil barrel Brent, the international standard…

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The price of Brent’s barrel, the international standard, was $101.19 short-term after the redundancy of trade in Chicago’s Trade Bursa, at an increase of 9.2% compared to the discount price of January 92.69 dollars, according to the AP. West Texas Intermediate, the cheap ticket produced in the United States, sold at approximately $107,06 on the barrel. This is 16.2% higher than the discount price of 90.90. Both could increase or decrease as the …

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Mediafax broke the news in on Sunday, March 8, 2026.
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