Commodities
Home›Commodities›Energy›Oil prices push EV and hybrid demand higher
Oil prices push EV and hybrid demand higher
Gasoline in the U.S. topped $4.40 a gallon in September, while Brent has stayed above $100 a barrel since early September.
OilPrice reports that U.S. gasoline prices rose above $4.40 a gallon in September, and Brent crude has remained above $100 a barrel since early September after trading around $60 before the Iran war began.
According to OilPrice, new hybrid sales in the U.S. increased 24% through the third quarter.
The outlet also said battery-electric registrations jumped 52% across Europe in August as consumers responded to higher fuel costs.
Latest closeWTI crude $91.10 ▲3.2%|Brent $103.93 ▲3.7%|Gasoline (RBOB) $3.156 ▼2.4%
← Newer storyCake Wallet executive warns one Bitcoin transaction can expose years…Older story →XRP Ledger enables delegated account permissions without key sharing