A Top For The Gasoline Price
Gasoline prices have been on an upward trend until mid-May but have recently started to decline. This shift indicates a potential intermediate-term top for gasoline prices. The article discusses the implications of this trend in relation to oil prices.
- ▪Gasoline prices extended their upward trend until mid-May.
- ▪Since then, gasoline prices have begun to follow oil prices downward.
- ▪Last week, evidence was generated suggesting an intermediate-term top for gasoline prices.
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