Oil Above $100 Pushes U.S. Fuel Prices to New Records | HappeningNow.news

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Oil Above $100 Pushes U.S. Fuel Prices to New Records

Oil markets appear to have reached the inflection point that many analysts had predicted weeks ago as the Middle East conflict re-escalated with no diplomatic push in sight and global inventories continue to slump.

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Oil above $100 is pushing U.S. fuel prices sharply higher, with diesel reaching a record $6.30 per gallon and gasoline averaging about $4.36.

Read original at Oilprice

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