Loading…
The U.S. average regular gasoline price fell below $4 per gallon on Nov. 10 for the first time since July 20, according to AAA.
The decline followed sharp oil-price losses after President Donald Trump played down the prospect of renewed conflict with Iran and markets anticipated greater congressional scrutiny of the war.
Lower crude prices reduce fuel costs and can ease transport and production expenses, including for feed supply chains. The article describes a bearish energy-price move, though gasoline remains well above its prewar levels.
nbcnews.comSteve KopackNov 10, 2026After 255 past bearish geopolitics events, Crude Oil (WTI) moved a median -2.4% over 5 sessions (31% higher; middle half -7.0% to +1.7%), and -5.0% over 20.
After 250 past bearish geopolitics events, Crude Oil (Brent) moved a median -3.1% over 5 sessions (36% higher; middle half -7.9% to +1.6%), and -5.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
