Oil prices retreat slightly after reaching a four-year high as gasoline prices surge
Simultaneously, gasoline prices have surged, driven by seasonal demand and refinery maintenance schedules. As of mid-October 2023, the average price of gasoline in the United States climbed to $3.80 per gallon, reflecting a significant increase compared to the previous month. This rise in gasoline prices is particularly concerning for consumers, as it impacts transportation costs … Read more