US Retail Gasoline Prices Expected To Gain Says EIA

The US average retail price for regular gasoline on March 4, 2019, was $2.42 per gallon (gal), an increase of 11 cents/gal from the February average of $2.31/gal and 14 cents/gal lower than the price at the same time last year, according to a latest update from the EIA. Most of the fluctuation is the result of changes in crude oil prices.

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Crude Oil reserves in America fell more than expected, crude oil crossed $95

Oil Jumps On Large Crude Inventory Draw

Gold Silver Reports (GSR) – Crude oil prices inched higher today after the EIA released its latest Weekly Petroleum Status Report, in which the authority said crude oil inventories had fallen by 8.6 million barrels in the week to February 22, though they are still above the seasonal five-year average.

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