Fueling Intelligence: Crude Prices and Geopolitical Risk, Ohio Gas Prices Beat Pennsylvania Despite Tax Decreases, Automakers Back Trump’s Plan to Rollback Fuel Economy Regulations, U.S. Heating Oil Futures Ease from 10-Week High, American Oil Companies Likely to Produce in Venezuela in Coming Weeks, and Gas Price Seasonality Explained

February Market Update Crude Price Decline Amid Easing Geopolitical Risk Crude markets opened with a brief geopolitical risk‑driven price rally as tensions involving Iran and Venezuela lifted benchmarks by roughly $6/bbl before easing mid‑month, while WTI climbed steadily from the high‑$50s into the mid‑$60s by month‑end as U.S. crude inventories remained about 3% below the […]

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January “Fueling Intelligence: Retail Gasoline Prices, 2025 Petroleum Market Recap, Early 2026 Market Action, Venezuela and Oil Exports, OPEC+ Production Targets, and 2026 Retail Forecast”

January Market Update Retail Gasoline Prices Decline for Third Consecutive Year In 2025 U.S. retail gasoline prices averaged $3.10 per gallon in 2025, down $0.21 from 2024, marking the third straight year of declines. The drop was primarily driven by lower crude oil prices caused by oversupply concerns and a weaker global economy early in […]

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