Analysts predict no US petrol price drop until 2027
Analysts predict that US petrol prices will not drop until 2027, with drivers potentially waiting until then for gasoline prices to fall below 79 cents per litre. According to Patrick De Haan, Head of Petroleum Analysis at GasBuddy, global oil inventories could take more than a year to recover from disruptions. The predicted wait time is attributed to the war on Iran and its impact on oil inventories.
- ▪US petrol prices are predicted to remain high until 2027.
- ▪Global oil inventories are expected to take over a year to recover from disruptions.
- ▪The war on Iran is a major factor in the predicted wait time for lower petrol prices.
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Toggle PlayAnalysts predict no US petrol price drop until 2027NewsFeedAnalysts predict no US petrol price drop until 2027US drivers may have to wait until 2027 for gasoline prices to fall below 79 cents per litre, according to Patrick De Haan, Head of Petroleum Analysis at GasBuddy. He says global oil inventories could take more than a year to recover from disruptions linked to the war on Iran.Published On 17 Jun 202617 Jun 2026SaveClick here to share on social mediashare-nodesSharefacebookxwhatsapp-strokecopylinkgoogleAdd Al Jazeera on Googleinfo
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