Although gas prices declined and demand weakened this week, the pace was slow. The speed at which prices are falling is being held up by the cost of oil, according to AAA.
The average price of gas dipped to $3.53 for the week ending October 26, a three-cent drop from the week prior, according to the latest report from AAA. Pump prices on average are 30 cents less than a month ago and 23 cents less than a year ago. Gas prices are continuing to fall at a sluggish pace due to elevated oil prices. The price of oil ticked up Wednesday as Israel readies for ground operations in Gaza.
If you are looking to reduce your car ownership costs you may find some savings by shopping for cheaper auto insurance premiums. Credible can help you compare multiple insurance quotes to find the best insurance rate for you. Rising inventories are contributing to the continuous fall in gas prices, according to a report from GasBuddy. Gasoline inventories are up 15.6 million barrels or 7.5% higher than a year ago and are 1% above the five-year average for this time of year.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Putin warns Israel-Hamas conflict could spread beyond Middle East, condemns Gaza bombingPresident Vladimir Putin warned on Wednesday that Israel's conflict with Hamas could spread well beyond the Middle East and said it was wrong that innocent women, children and old people in Gaza were being punished for other people's crimes.
Les mer »
Coping with Middle East crisis in ever connected worldThe Israel-Hamas war has brought images of violence and destruction to our smartphones and televisions.
Les mer »
The Middle East crisis is stirring up a 'tsunami' of mental health woesThe Israel-Gaza conflict is likely to leave people in the region struggling with trauma-related mental health symptoms for a long time to come.
Les mer »
Meta widens revenue guidance range because of Middle East unpredictabilityMeta finance chief Susan Li told analysts on the company’s earnings call that volatility in the Middle East is creating some revenue uncertainty
Les mer »
Meta widens revenue guidance range because of Middle East unpredictabilityMeta finance chief Susan Li told analysts on the company’s earnings call that volatility in the Middle East is creating some revenue uncertainty
Les mer »
Facebook says Middle East war is hurting ad spending, and Meta's stock fallsLike Snap a day earlier, Meta warned of ‘softer ad spend’ following outbreak of Israel-Hamas conflict
Les mer »