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When Will Gasoline Prices Return To Pre-War Levels?
When Will Gasoline Prices Return To Pre-War Levels?
Authored by Robert Rapier via OilPrice.com,
Oil futures have quickly priced in a favorable outcome from U.S.-Iran diplomacy, but physical oil flows, shipping networks, and refinery supply chains take much longer to normalize.
Low global inventories and the need to replenish strategic and commercial stockpiles could create significant demand for crude even after supply disruptions ease.
Gasoline prices are influenced by refining capacity, inventories, distribution costs, and seasonal demand, meaning pump prices may remain elevated even if crude oil continues to fall.
Gasoline prices have started...
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Via The Cradle
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