Reported about 3 hours ago
According to Andy Lipow, president of Lipow Oil Associates, oil prices are likely to fall to $70 soon, even with the impact of Hurricane Milton. While geopolitical tensions in the Middle East could drive prices higher, the current supply remains strong, and past hurricanes have shown minimal effects on oil production and refining. If infrastructure and terminals remain undamaged, the gasoline supply to affected areas should resume quickly.
Source: YAHOO