Gasoline Prices Remain At Record Highs

Published: June 6, 2022, 3:37 p.m.

b'Saudi Arabia raised crude oil prices more than expected for Asian customers. The current crude oil price is trading around the $120 to $121 range and remains in a strong position from a technical analysis perspective. "Energy demand and prices are not always in sync. Summertime peak of crude oil prices will commence in August with the product trading at around $125 or higher," says David Williams.'