🌐 Global Economy 3d ago · Menzie Chinn

Oil vs. Gasoline and Diesel Prices

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Oil vs. Gasoline and Diesel Prices
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From EIA today:


Through yesterday, gasoline (diesel) is 36.2% (34.8%) above pre-War levels, while 11.9% (9%) below prior peak. Oil as of 7/13 was 40.9% below prior (US-Iran wartime) peak, while current NYMEX Brent cash is 35.4% below prior wartime peak, 25.2% above pre-War levels.
Thanks, Drumpf!
 

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