Oil prices drop on prospect of Iran deal
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Hassett: Energy prices will drop ‘like nothing you’ve ever seen before’ when strait is reopened
National Economic Council Director Kevin Hassett said energy prices are going to fall “like nothing you’ve ever seen before” once Iran reopens the Strait of Hormuz. “Well, you know, I can’t really talk about the ongoing negotiations and the strikes,
Slowing home price growth, modestly rising inventory and predictions for lower mortgage rates are giving buyers slightly more options and purchasing power. Despite these advantages, many potential buyers are still choosing to wait.
AUSTIN (Nexstar) — On Monday morning, the price of crude oil futures opened at $115.62/barrel. It was the first time oil had crossed the $100/barrel threshold since mid-2022 — a staggering jump from when the market closed on Friday at $91.27/barrel.
(NEXSTAR) – Despite uncertainty about the future of prices at the pump, data shows roughly half of states have seen gas, diesel, or both improve since last week. Fuel prices have largely been on the rise since early March, when the conflict in Iran began.
GRAND RAPIDS, Mich. — Drivers across West Michigan are getting a break at gas stations this week, with prices falling more than 13 cents from last week and nearly 40 cents compared to this time last year. Some stations in Grand Rapids are now showing ...
Gas prices fell for the first time since January but remained above $4.00 for a third straight week. As of April 20th, weekly prices drop 8 cents for regular and fell 6 cents for premium. Currently, the national average for regular gasoline stands at $4.04 ...