U.S. gasoline prices have fallen for 13 weeks in a row, the longest consecutive weekly slide in more than three years, as global demand for oil continues to fall.
The average price of regular unleaded gasoline fell to $3.70 a gallon, the lowest since early March, according to OPIS, an energy-data and analytics provider, and is approaching the average price that predated Russia’s invasion of Ukraine. Average gas prices have fallen 26% from the record above $5 a gallon set in June.