Gas pricing is going to be minimum for at least till mid of April.

Share your love on:

As there is a relief for the consumer with the price of gasoline at least though the fear of COVID-19 (Corona Virus) is still on. But there is very minor effect of this pandemic virus over the fuel price crash.

Due to the clash between Russia and the OPEC (The Organization of the Petroleum Exporting Countries) as Russia turned down the oil pact agreement. All the prices for the gasoline worldwide is determined by OPEC and soon after this Saudi Arabia flooded its oil production and Russia is by its own the global market for the gasoline has become like more cheaper than some brand of water. The dramas are still to come for few more weeks. It is definitely going to affect the US economy differently than the COVID-19.

 

Prediction: Gasoline price is going to be minimum till mid of April and will hike significantly after Russia will come with another agreement.

0 0 vote
Article Rating
Subscribe
Notify of
guest
1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Srijana Rupakheti
Srijana Rupakheti
Editor
March 18, 2020 11:38 am

Such a blessing from Russia.

1
0
Would love your thoughts, please comment.x
()
x