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Barchart
Barchart
Andrew Hecht

YOU WONT BELIEVE: Are gasoline prices headed higher this summer - You Need To See This

Oil Nymex UGA ETF Barchart

I asked if prices will move higher in spring and summer in a March 14, 2025, Barchart article on the gasoline futures market, concluding:

While gasoline is heading into the peak demand season, geopolitical events and worldwide economics will determine the path of least resistance of the oil product that continues to power U.S. and worldwide vehicles. Oil and gasoline prices soared after Russia invaded Ukraine in 2022. Time will tell if the traditional energy commodities decline if the war ends over the coming weeks and months, despite seasonal factors. 

 

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