Business

Gasoline Prices Soar Amid Crude Oil Market Fluctuations

Updated 2026-07-20 23:10 UTC 1 source Neutral

Gasoline prices are rising faster than crude oil due to a widening 'crack spread.' This phenomenon is affecting consumers and could impact the broader energy market.

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MarketWatch
The spread between the cost of barrels of gasoline and crude oil — known as the “crack spread” — has widened sharply.
2026-07-20 22:55 UTC
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