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Home›Commodities›Energy›Wright Says Gas Prices Peaked As Brent Holds Above $108

Wright Says Gas Prices Peaked As Brent Holds Above $108

Reported · Written up by our desk · Energy

Brent crude futures briefly tagged $109.99 a barrel in overnight trading before retreating from five-month highs during the Asian session and into European trading, as signs of recovering Middle Eastern supply offset renewed attacks on energy infrastructure and critical maritime shipping lanes. US Energy Secretary Chris Wright reinforced expectations of easing fuel prices at the pump, with ABC News quoting him on Sunday as saying gasoline and diesel prices had "peaked." "Both gasoline and diesel prices peaked a few weeks ago," Wright said, adding…

Latest closeWTI crude $91.10 ▲3.2%|Brent $103.93 ▲3.7%|Gasoline (RBOB) $3.156 ▼2.4%

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OilPriceWright Says Gas Prices Peaked As Brent Holds Above $108

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