Lagging Demand Won’t Keep Gas Prices From Soaring Again ...Middle East

Economy by : (OILPRICE) -
After peaking in early-May at $5.02 per gallon, U.S. national average gas prices have declined for 70 straight days to trade at $3.88 per gallon on Wednesday, marking the second-longest losing streak in two decades. But experts are now warning that consumers should not be lulled into a false sense of confidence thinking the cuts will last. In an interview with Yahoo Finance Live, Rebecca Babin, senior energy trader at CIBC Private Wealth, has warned that two factors could put upward pressure on gas prices: reserves and sanctions. “Even if…

Hence then, the article about lagging demand won t keep gas prices from soaring again was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Lagging Demand Won’t Keep Gas Prices From Soaring Again )

Last updated :

Also on site :

Most Viewed Economy
جديد الاخبار