So what about 2026 prices. Joining us now, Goldman Sachs Global Commodities Research Co-head, Don Striven. Don, okay, cheap now.Very good. What changes in the beginning of 2026. >> So we think uh oil prices and prices at the pump will get somewhat cheaper in 2026.Really. We have WTI oil prices averaging $52 per barrel next year, down another, you know, five, four dollars per barrel from current levels. And to add to the good news, we actually expect gasoline and refined oil product prices to decline somewha ...

Gas prices have fallen in time for the holiday despite the increase in demand as a record number of people begin to hit the road.  The national average for a gallon of regular gasoline fell more than 4 cents to $2.89 last week, according to AAA. This marks the cheapest December at the pump since the end of 2020, according to data from AAA.  Gas Prices - National Average: $2.89 AAA characterized the year as "stable" for prices given that there haven't been any sharp spikes. GAS PRICES DROP BELOW $3 NATIONWID ...

January WTI crude oil (CLF26) today is up +0.28 (+0.50%), and January RBOB gasoline (RBF26) is up +0.0006 (+0.04%). Crude oil and gasoline prices are stronger today.  Crude prices are supported amid heightened geopolitical risks in Venezuela and Russia.  Also, today's stock rally boosts optimism about the economic outlook, which is supportive of energy demand.  Gains in crude are limited after the dollar index (DXY00) climbed to a 1-week high today.  Also, a bearish global supply outlook continues to limi ...

British oil giant BP just announced a new CEO, marking its fourth chief executive shake-up in the last six years alone. The company named Meg O'Neill, who previously led Australia's top oil and gas company Woodside Energy, to the role. O'Neill will become the first woman to hold the top executive spot at one of the world's biggest oil companies. She said that she looks forward to working to "accelerate performance†at BP and plans to prioritize shareholder growth and reestablish BP—now a possible takeover ta ...

January WTI crude oil (CLF26) today is up +0.57 (+1.02%), and January RBOB gasoline (RBF26) is up +0.0134 (+0.79%). Crude oil and gasoline prices are rising today amid heightened geopolitical risks in Venezuela and Russia.  Also, today's sharp rally in stocks boosts optimism about the economic outlook, which is supportive of energy demand.  Gains in crude are limited due to a bearish global supply outlook. More News from Barchart Escalation of global geopolitical tensions is supportive for crude price ...

Lawmakers in California at both the state and federal levels are warning that refinery closures could push prices higher while leaving the state more dependent on foreign oil. At the center of the warning is the planned shutdown of two major refineries: Valero’s Benicia facility and Phillips 66’s Los Angeles plant. Together, the closures would eliminate nearly 20% of California’s in-state refining capacity, according to Reps. Vince Fong and Stan Ellis, both Republicans from Bakersfield. Valero, which ha ...

U.S. gasoline prices are set to fall to the lowest level since 2020, thanks to increasing supplies, despite some ongoing refinery maintenance, GasBuddy has predicted. GasBuddy has predicted that U.S. motorists will pay an average of $2.79 per gallon on Christmas Day, down from $2.95 per gallon a year ago. That will mark the cheapest gas since prices averaged $2.26 per gallon in the Christmas of 2020. “Christmas is often when gas prices settle near the lowest levels of the year, and 2025 is no exception,” ...

So, let's get to KG on some of these top headlines and see what is driving the price action. And let's start with crude because we of course are tracking Trump's lines this morning about a blockade of these Venezuelan oil tankers. Just talk us through the significance of that story and the impact we're seeing on the markets this morning.KJ, >> yeah, you are seeing crude up about 1.3% so far. We actually did see a pullback here a tad bit. I mean the the supply glut narrative that's taking place in the market ...

汽油价格现状与趋势 - 当前全美普通汽油全国平均价格为每加仑2.85美元 为2021年3月12日以来的最低水平 [2] - 部分州油价远低于全国均价 俄克拉荷马州平均2.22美元 科罗拉多州2.39美元 德克萨斯州2.41美元 持续下跌可能使价格接近2美元 [3] - 过去一周内 部分州油价大幅下跌 内华达州下跌13.2美分 印第安纳州和犹他州各下跌12.6美分 俄亥俄州下跌11.6美分 俄勒冈州下跌11.3美分 [3] 汽油价格下跌的驱动因素 - 油价下跌是汽油价格下降的主要原因 基准西德克萨斯中质原油价格为每桶56美元 较1月份的80美元大幅下降 [4] - 美国原油产量接近历史高位 同时俄罗斯石油流入印度和中国 而OPEC+仅小幅削减了高产水平 这些因素共同导致汽油价格保持低位 [4] - 燃料和石油是消费者价格指数中持续下跌的少数组成部分之一 [4] 汽油消费对美国经济与家庭的影响 - 美国拥有约2.9亿辆注册车辆 司机每年在燃料上的支出约为5500亿美元 相当于每户家庭超过2500美元 [1] - 低廉的汽油价格对美国每户家庭支出有重要贡献 美国税后收入中位数约为6万美元 [1] - 与去年同期相比 当前的低油价每周为消费者节省近4亿美元 [2] - 如果“负担能力”是美国人的主要财务困扰 且家庭收入濒临极限 那么低油价是为数不多的利好之一 [5]

就业市场结构性变化 - 联邦政府职位减少约27万个，而私营部门职位增加近70万个[2] - 本土出生人口就业增加约270万个，而外国出生人口就业减少近100万个[2] - 失业率因联邦工作人员寻找工作而上升[2] 薪资与通胀对比 - 中产阶级工薪阶层工资同比增长约5%，约为当前通胀率的两倍[2] - 未来通胀率可能降至2%或更低，实际工资购买力可能提升约3个百分点[5] 能源市场动态 - 西德克萨斯中质原油价格从年初的每桶80美元跌至目前的55美元[3] - 美国石油日产量达到1380万桶，已超过国内需求[3] - 全国汽油价格已跌破每加仑3美元，俄克拉荷马州最低为2.30美元，加州因气候法规高达4.35美元[4] 油价下跌的广泛影响 - 油价下跌将渗透至经济各个角落，影响食品、杂货等数百种商品价格[4] - 油价大幅下跌将在未来几个月大幅拉低所有通胀指数[4] - 通胀下降将为利率显著下调打开大门[4] 政策与经济效益 - 经济去监管化及针对生产和投资的重要税收激励政策正在取得成效[5] - 能源中心化的通胀观认为，能源价格是影响整体通胀的关键[5]