Americans Face Higher Pump Prices as Gasoline Futures Soar
American consumers are paying more at the gasoline pump, and that trend looks likely to continue as futures rally.
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American consumers are paying more at the gasoline pump, and that trend looks likely to continue as futures rally.
Houston :Oil prices settled higher on Tuesday as geopolitical tensions continued in the Middle East and eastern Europe, but gains were curtailed as investors reined in expectations for the U.S. Federal Reserve interest rate cuts.Brent futures settled 77 cents higher or 0.94 per cent at $82.77 a barrel at 2:30
Houston :Oil prices settled higher on Tuesday as geopolitical tensions continued in the Middle East and eastern Europe, but gains were curtailed as investors reined in expectations for the U.S. Federal Reserve interest rate cuts.Brent futures settled 77 cents higher or 0.94 per cent at $82.77 a barrel at 2:30
Houston :Oil prices settled higher on Tuesday as geopolitical tensions continued in the Middle East and eastern Europe, but gains were curtailed as investors reined in expectations for the U.S. Federal Reserve interest rate cuts.Brent futures settled 77 cents higher or 0.94 per cent at $82.77 a barrel at 2:30
“The market is holding its breath on what the next potential fallout could be,” said John Kilduff, partner with Again Capital LLC.