Oil Prices Retreat as Ukraine Says it’s Willing to Compromise to End War.
Today, as consumers drive to their destinations, it is hard not to notice the gas at a whopping $1.98. at the same time, the consumer is feeling the pain at the pumps. The stock for oil had dropped down to $110.62 a barrel that a day before was pushing $127. Is this because of talks between Russia and Ukraine? Or could we see a slight dip before the prices continue to rise? Oil had a parabolic spike up on the charts, and what goes up must go down. Curious to see if we will see the end of these rising gas prices.