The ‘biggest factor’ for gas prices is Vladimir Putin, says analyst

The ‘biggest factor’ for gas prices is Vladimir Putin, says analyst

Gas prices have come off their highs, but relief at the pump may be short-lived, says one analyst.

“For the moment, we’re going to see the lowest prices we’e seen since May,” Tom Kloza, OPIS global head of energy told Yahoo Finance Live. “Unfortunately, I think we’re going to see prices rally after they find a bottom in the first half of July.”

Prices at the pump have decreased to a national average of $4.68 per gallon, after topping $5 last month.

Oil prices have been under…


Source link

About search

Check Also

Rivian reports mixed Q1 results but trims capex forecast and sees Q4 'gross profit' – Yahoo Finance

Rivian reports mixed Q1 results but trims capex forecast and sees Q4 'gross profit' – Yahoo Finance

[unable to retrieve full-text content]Rivian reports mixed Q1 results but trims capex forecast and sees …

Leave a Reply

Your email address will not be published. Required fields are marked *