... improvements in the refining situation. Spring maintenance at refineries has concluded, and production of gasoline and diesel is at a seasonally high level. An additional factor is OPEC+ actions: the cartel's increase in oil production in August will enhance raw material availability and exert downward pressure on global oil prices, thereby indirectly facilitating further gasoline price reductions. In other words, the current U.S. oil products market is favorable for consumers: supply exceeds demand, prices are ...

... improved refining situation. Spring refinery maintenance has been completed, and gasoline and diesel production is at seasonally high levels. An additional factor is the actions of OPEC+: the cartel’s increase in oil production in August enhances raw material availability and exerts downward pressure on global oil prices, indirectly easing further gasoline price declines. In other words, the current market conditions for oil products in the U.S. favor consumers: supply exceeds demand, and prices are ...

... significantly below current levels. On the other hand, the potential for oil price growth is limited by signs of slowing global economic growth. Mixed macroeconomic statistics from the US and cooling in China lead to forecasts of only moderate increases in raw material demand in the second half of the year. Many analysts remain cautious: estimates from several investment banks suggest Brent may end the year around $60 per barrel if the risks of weak demand re-emerge. Thus, oil prices are currently balancing ...

... refining has improved. Spring maintenance at refineries has been completed, and gasoline and diesel production is at a seasonally high level. An additional factor is the actions of OPEC+: the upcoming increase in oil production in August will enhance raw material availability and exert downward pressure on global oil prices, indirectly easing further declines in gasoline prices. In other words, the current market conditions for oil products in the U.S. are favorable for consumers: supply exceeds demand,...

... refining has also improved. Spring maintenance at refineries has been completed, and gasoline and diesel production is at a seasonally high level. An additional factor is OPEC+ actions: the upcoming increase in oil production in August will enhance raw material availability and apply downward pressure on global oil prices, indirectly facilitating further reductions in gasoline prices. In other words, the current market situation for oil products in the U.S. is favorable for consumers: supply exceeds ...