Independent Fuel Pricing Analyst
09/23/2022
OPIS News Story | Gasoline Margins September 21, 2022 Summer officially ends on Thursday September 22, and it may well conclude with a 100th consecutive day of lower national gasoline prices.
3/14/22 - West Texas Crude (WTI) crude fell below $100 a barrel for the
first time since March 1 as negotiations between Ukraine and
Russia appeared to grow more substantive and China imposed a
lockdown on an entire province to stem the spread of Covid.
Futures in New York have traded in a range of $95.32 to
$130.50 this month as Russia’s invasion of Ukraine prompted most
of the oil industry to shun its oil, sparking an extraordinary
wave of volatility.
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