Por: Forbes Business September 24, 2022
Recession fears and a stronger U.S. Dollar both continued to weigh on oil prices.Hasan Jamali/Associated Press Oil prices continued to tank on Friday, posting a fourth straight week of declines and falling to their lowest level since January amid rising fears that a looming economic downturn will hurt global demand in energy markets. The price of U.S. benchmark West Texas Intermediate slid roughly 5% to trade at $79 per barrel, reaching its... + full article
Newsweek USA Business September 24, 2022
As the U.S. midterm elections approach, the Biden administration has been keen to see inflation fall, especially gas prices, one of the key drivers of voter sentiment over the economy.Since gas prices rose to over $5 per gallon nationally back in June, the price has steadily... + más
The historic streak of falling US gas prices is over | CNN
Gas prices rise slightly after months of declines | The Hill
The Hill USA Politics September 24, 2022
The national average price of gasoline rose slightly Wednesday, ending a streak of months of decline after soaring to its highest levels ever over the summer. AAA on Wednesday is $3.681 per gallon, up from Tuesday’s average of $3.674. Gas prices have consistently dropped... + más
US gas prices end streak of declines just short of 100 days | The Boston Globe
The Boston Globe USA Business September 23, 2022
The US benchmark oil price tumbled below $80 a barrel Friday for the first time since January as traders grew increasingly worried that much of the world was headed into a recession or was already in one.The steady fall in prices from over $120 a barrel a few months ago could... + más
Oil Plunges To Lowest Level Since January—Here’s Why Experts Say Low Prices Won’t Last | Forbes
Oil plunges below $80 to eight-month low as recession fears mount | CNN
CNN USA Business September 23, 2022
New York CNN — Recession fears are slamming the oil market, with crude tumbling on Friday below $80 a barrel for the first time since January. The good news is the selloff should drive , easing crushing inflation that has been harming consumers. The bad news is the sharp... + más
How Long Do Recessions Last? When Are They Over? | Forbes
CNN USA Business September 22, 2022
New York (CNN Business)Well, it was nice while it lasted.After sinking every day for more than three months, US gas prices edged higher — by a penny — to $3.68 a gallon, on average Wednesday, . That ends 98 consecutive days of , the second-longest such streak on record going... + más
US gas prices tick up, ending 99-day streak of lower costs | Associated Press
The Boston Globe USA Business September 21, 2022
A 99-day stretch of declines in the average US national gasoline price came to an end Wednesday, a sign that the effect of falling fuel costs, which have recently helped temper overall inflation, might be waning.The decline to date has only partly reversed a prolonged run-up in... + más
Associated Press USA Business September 21, 2022
A 99-day run of falling gasoline prices — a streak that gave consumers a glimmer of hope that red-hot inflation might be cooling — has ended, with pump prices still much higher than a year ago.The nationwide average price for a gallon ticked up less than a penny Wednesday,... + más
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