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rte.ieAverage U.S. gasoline prices increased ahead of the Memorial Day holiday. The rise coincides with the traditional start of summer driving season.
The national average reached $4.56 per gallon on Thursday. Prices have risen 43 percent from one year ago and 13 percent from one month ago.
New York PostThe United Arab Emirates announced its departure from OPEC effective May 1, a move that could help reduce gasoline prices. In the US, retail gasoline prices have reached new highs despite record oil production, prompting concerns over inflation. Related fuel surcharges for air tr…
OilPrice.comNigeria transitioned to a net exporter of gasoline in March 2026, with exports reaching 55,000 barrels per day and imports dropping to 40,000 barrels per day. This shift is attributed to the Dangote refinery operating near its full capacity of 650,000 barrels per day.
Substrate placeholder — needs reviewGasoline and airfare prices are increasing due to higher energy costs. These rises contribute to broader inflation trends. Policymakers are monitoring the situation for potential economic effects.
Palindromedairy / Wikimedia (CC BY-SA 4.0)Energy prices experienced significant drops on the reported day, with US crude oil falling 14 percent. Brent crude oil declined 13 percent, gasoline 10 percent, and heating oil 17 percent. These changes reflect current market conditions in the energy sector.