Home / Market Update / Commodities / Gasoline Prices Fell in US After A Record High Last Week

Gasoline Prices Fell in US After A Record High Last Week

Gasoline prices at US gas stations fell over the weekend after hitting an all-time high last week following the Russian invasion of Ukraine.

On Sunday, retail gasoline prices fell for the second day in a row, to $4,325 per gallon, below the record high of $4,331 set on Friday, according to data from the American Automobile Association.

The Russian invasion of Ukraine in late February has disrupted energy markets around the world ever since, driving up exorbitant fuel costs for motorists who have also been hit by high inflation.

Check Also

XAU/USD Under Pressure as Dollar Strengthens

Gold prices are currently facing headwinds, trading below $2,600 per ounce. This decline coincides with …