AAA Daily Fuel Gauge Report for Friday, 1/5/24
National Average Price for Regular Unleaded Current: $3.088; Month Ago: $3.229; Year Ago: $3.285. National Average Price for Diesel Current: $3.972; Month Ago: $4.182; Year Ago: $4.685.
https://gasprices.aaa.com/
Related Posts
US crude ends flat, settling at $71.49, as oil fails to hold gains on Iran sanctions concern
Brent, the international benchmark for oil prices, hit a session high of $80.50 a barrel on Thursday, its strongest level since Nov. 24, 2014, when it topped out at $80.85. The contract eased back to $79.19 by 2:25 p.m. ET, down 9 cents. U.S. West Texas Intermediate crude ended the day unchanged from the previous session at $71.49 a barrel. WTI earlier hit a high going back to Nov. 28, 2014 at $72.30 a barrel. Click Read More below for additional information.
Oil prices fall as U.S. crude production hits another record
Oil prices eased on Thursday, dragged down by rising output, although strong demand and a drop in U.S. fuel inventories provided the market with some support. Prices were pulled down by another rise in U.S. oil production , which hit a weekly record of 10.9 million barrels per day (bpd) last week, according to the Energy Information Administration (EIA) on Wednesday. U.S. crude output has risen by almost 30 percent in the last two years, and it is now close to top global producer Russia, which produced 11.1 million bpd overall in the first two weeks of June. Click Read More below for additional information.