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US Raises Forecasts for 2027 Gasoline and Diesel Prices
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US Raises Forecasts for 2027 Gasoline and Diesel Prices The US raised its projections for the price of diesel and gasoline next year, indicating that consumer relief will be limited even as oil flows pick up from the Middle East. The Energy Information Administration increased its projected retail price of gasoline in 2027 to an average of $3.73 a gallon, up from $3.56 a gallon seen in October, citing expectations for persistent tightness in global fuel supplies. It also hiked its expected...
US Raises Forecasts for 2027 Gasoline and Diesel Prices
The US raised its projections for the price of diesel and gasoline next year, indicating that consumer relief will be limited even as oil flows pick up from the Middle East.
The Energy Information Administration increased its projected retail price of gasoline in 2027 to an average of $3.73 a gallon, up from $3.56 a gallon seen in October, citing expectations for persistent tightness in global fuel supplies. It also hiked its expected price of diesel next year to $5.03 a gallon, up from $4.49 a gallon.