Gas Prices Tick Lower as Oil Dips

Gas Prices Tick Lower as Oil Dips

Gasoline prices at the pump declined slightly over the past week, falling from $4.15 per gallon to $4.07 on Friday as oil prices dropped amid a ceasefire in Iran, according to data from the American Automobile Association (AAA). “After last week’s announcement of a two-week ceasefire between the U.S. and Iran, the price for a barrel of crude oil has continued to trade below $100,” AAA said in an April 16 statement. “However, maritime traffic tra…

Gas Prices Fall to $4.09

However, maritime traffic transiting the Strait of Hormuz remains subdued as regional tensions persist and negotiations continue during the U.S. and Iran cease fire. The post Drivers See Small Break as Gas Prices Tick Lower appeared first on MOTOR.

Gas prices dip slightly nationwide, AAA says - WRNJ Radio

Gasoline prices across the United States declined slightly over the past week, offering some relief to drivers, according to AAA. The national average for a gallon of regular gas fell 7 cents to $4.09, down from $4.16 a week earlier. Prices remain significantly higher than a month ago, when the average was $3.71, and above $3.16 a year ago. AAA said the drop follows recent developments in global markets, including a temporary ceasefire between t…

AAA: Gas Prices Dip Slightly, Offering Modest Relief to Drivers

Drivers are getting a break at the pumps with the slight decrease in gas prices over the last several days. The national average for a gallon of regular gasoline decreased 7 cents over the past week to $4.09. After last week’s announcement of a two-week ceasefire between the U.S. and Iran, the price for a barrel of crude oil has continued to trade below $100.  However, maritime traffic transiting the Strait of Hormuz remains subdued as regional …