Gasoline Prices Buck The Trend Ahead Of Driving Season ...Middle East

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Gasoline Prices Buck The Trend Ahead Of Driving Season
source : OILPRICE ( Middle East ) () 54
With U.S. gasoline prices trending about 3 cents lower than the same time last week, analysts are now speculating that the banking crisis and broader financial markets concerns may prevent prices at the pump from ticking upwards as they would normally do ahead of the summer driving season. "The broad concern over recent failures of the U.S. and global banking system has put enough downward pressure on oil prices that we saw a reprieve in rising gasoline prices in the national average last week," said Patrick DeHaan, the senior petroleum analyst…

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