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Demand destruction sinks oil prices as gasoline inventories send warning signal

Por: MarketWatch Politics October 07, 2023

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The average price for a gallon of regular gasoline, however, climbed to $3.857 on Sept. 16, the highest since Oct. 18, 2022, , so the high so far for this year came just as the summer driving season came to a close. On Thursday afternoon, the average price stood at $3.725 a gallon, down 9.1 cents from a week ago. It’s no coincidence that the climb in gasoline prices in September came as U.S. benchmark prices for oil topped $90 a barrel.... + full article



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