Reported 25 days ago
Analysis indicates that energy prices are likely to experience significant deflation regardless of whether Donald Trump or Kamala Harris wins the 2024 presidential election. Oil prices have recently hit their lowest levels since 2021, with expectations for gasoline prices to fall below $3 per gallon due to weak demand and the industry's shift to cheaper winter gasoline. Factors such as reduced speculative buying and demand contraction in China are contributing to this predicted drop.
Source: YAHOO