# Gas Price Brief - June 25, 2018

> US average gasoline fell to $2.85 a gallon, down 5 cents, extending a 30-day decline. The AAA release warned that higher oil prices after the OPEC and Russia production agreement could end the pump price slide.

- Date: 2018-06-24 · published 2018-06-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/11577-gas-price-brief-june-25-2018
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Higher crude from the OPEC and Russia output deal raises the cost of producing fuel and moving feed. Pump price moves are a downstream signal and do not directly change grain or meal prices.

## Read by commodity

- WTI: bullish ▲

## Sources

- newsroom.acg.aaa.com: https://newsroom.acg.aaa.com/gas-price-brief---june-25-2018/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.