Get Ready For Higher Prices At The Pump ...Middle East

U.S. gasoline prices were up slightly week-on-week, with analysts now warning that the OPEC+ surprise production cut could hit at inflation.  The OPEC+ plus announcement Sunday that it would cut production by 1.6 million barrels per day led to an immediate increase in gasoline futures, which will be passed on to consumers quickly, CNN notes. Wholesale gasoline prices as reflected in the RBOB were up 3.14% at 11:55 a.m. EST on Monday.  Meanwhile, AAA showed the national average price per gallon at the pump as $3.506, up from $3.439 a week…

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