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Oil and Gasoline Prices Climb Ahead of U.S. Gulf Coast Storms – The Wall Street Journal


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Oil and Gasoline Prices Climb Ahead of U.S. Gulf Coast Storms – The Wall Street Journal

Gasoline futures surged to their highest level since early March Monday, lifted by energy supply disruptions caused by back-to-back storms that are on track to hit the Gulf of Mexico this week. U.S. gasoline futures for delivery in September added 6.5% to $1.3671 a gallon on the New York Mercantile Exchange, posting their largest one-day…

Oil and Gasoline Prices Climb Ahead of U.S. Gulf Coast Storms – The Wall Street Journal

Gasoline futures surged to their highest level since early March Monday, lifted by energy supply disruptions caused by back-to-back storms that are on track to hit the Gulf of Mexico this week.

U.S. gasoline futures for delivery in September added 6.5% to $1.3671 a gallon on the New York Mercantile Exchange, posting their largest one-day advance since mid-May. They ended the day at their highest level since March 6.

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