
Forecasters predict 2026 will bring cheapest gas prices since Covid
US gasoline prices are expected to average just $2.97 per gallon in 2026, marking the first sub-$3 annual average since 2020 as oil oversupply weighs on markets.

US gasoline prices are expected to average just $2.97 per gallon in 2026, marking the first sub-$3 annual average since 2020 as oil oversupply weighs on markets.
The oil cartel maintains output levels through Q1 2026 as Saudi-UAE friction and Venezuela crisis add uncertainty to already oversupplied markets.
Despite US military action in Venezuela and the capture of President Maduro, oil prices remain subdued as analysts point to the country's small share of global supply.
Henry Hub natural gas prices climb toward $4.30/MMBtu this winter as colder-than-expected temperatures boost heating demand across the United States.
Shell, Chevron, ExxonMobil, TotalEnergies, and Abu Dhabi's ADNOC are all reportedly evaluating a potential acquisition of BP amid falling share prices.
Crude oil futures gained on the first trading day of 2026 as markets weigh the upcoming OPEC+ meeting and escalating geopolitical tensions.
Crude oil prices remain under pressure as analysts warn of significant oversupply in 2026, with OPEC+ pausing production increases to defend market stability.