Latest Gasoline Prices
Fluctuation in the prices of gasoline depends on its production capacity. Low or falling surplus production capacity leads to a tight market and firming prices. Conversely, a high and rising surplus production capacity leads to a loose market and weakening prices. The OPEC generally holds most of the world’s available surplus crude oil production capacity, with the ability to manipulate production levels to influence oil prices and orchestrate market conditions. More...
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