47 Days
Source:
Los Angeles Times
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Fuel Prices Continue to Rise for Consumers Despite Easing Oil Crisis
Gasoline, diesel, and jet fuel prices are rising in the U.S. despite a drop in crude oil prices, creating a record gap between refined products and raw crude. This divergence is driven by supply disruptions from conflicts, including Russia’s diesel export ban and tensions in the Middle East, with refineries operating at high capacity amid declining inventories. These factors are contributing to higher fuel costs during peak summer travel, and analysts warn consumers should prepare for continued price increases.
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