NEW YORK :Crude futures lost over 10 per cent in 2023 in a tumultuous year of trading marked by geopolitical turmoil and concerns about the oil output levels of major producers around the world.Brent crude on Friday, the last trading day of the year, settled at $77.04 a barrel, down 11 cents or 0.14 per cent.
American drivers received an early holiday gift this past weekend, in the form of cheap gas at the pumps. And with crude oil prices and domestic demand low, there's every reason to believe the current.
Gas prices dipped significantly over the weekend, bringing relief for drivers ahead of the holiday. As of Monday, the national average stands at $3.15 per gallon, according to AAA. That’s 5 cents less than last week, which was itself 20 cents down from a month ago. One of the driving forces in the decline is the aftermath of…