Oil and gasoline prices are rolling over

  • 📰 axios
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Energy Energy Headlines News

Energy Energy Latest News,Energy Energy Headlines

Both crude oil and wholesale gasoline prices have rolled over since June, signaling that the worst of the recently elevated energy costs might have passed.

Benchmark prices for energy are falling in commodities markets, taking some of theThe economy of China — the world's second-largest crude consumer — is quite weak and just posted its. Crude oil is priced in dollars, so the greenback's strength makes it far more expensive for buyers outside the U.S.

Fears of a stateside economic slowdown, which would drag on oil consumption, have also grown, since the worse-than-expectedU.S. average gasoline prices, above $5 a gallon back in June, had already started

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Question for Biden, does imported oil pollute less? Maybe he’s getting a kickback?

'rolled over' How much is institutionally invested in keeping finance and business reporting shrouded in jargon?

If by “rolling over” you mean the prices are lower.. why not just use that word .. or would that have sounded too pro-Biden

气候问题本是全球性问题,是个神圣的议题。美国为自己利益,硬是鼓噪欧盟不用俄气,改烧煤,把气候目标打回到解放前。

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 302. in ENERGY

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Existing home sales report, crude stockpiles expected to rise and more: 5 things to knowReports on existing home sales and energy inventories will be released Wednesday morning along with second-quarter earnings from Tesla, Abbott Labs, United Airlines and more.
Source: FoxBusiness - 🏆 458. / 53 Read more »