Here's Why GasBuddy Thinks Pump Prices Could Start Falling

Here's why GasBuddy thinks pump prices could start falling

(GasBuddy) The nation’s average price of gasoline has risen 0.3 cents over the last week and stands at $3.16 per gallon, according to GasBuddy® data compiled from more than 12 million individual price reports covering over 150,000 gas stations across the country. The national average is up 3.1 cents from a month ago and is 6.1 cents per gallon lower than a year ago. The national average price of diesel has increased 1.9 cents in the last week an…

S&P Global Warns Brent Could Fall to $55 as OPEC+ Floods Market

S&P Global expects Brent crude prices to drop to $55 per barrel by the end of the year as a result of supply growth resulting from OPEC+’s decision to reverse cuts agreed in 2022. Speaking at the Asia Pacific Petroleum Conference in Singapore, Dave Ernsberger, co-president of S&P Global Commodity Insights, said that “If there’s a massive surplus, if Russian oil continues to flow into the market, if stock-building stops and some of this stuff goe…

S&P Global expects crude prices to hit $55 per barrel by year end

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