Fuel : l'analyse économique

Brent crude surged past $126 a barrel early Thursday, while U.S. gasoline prices jumped to $4.30 a gallon. Fuel s'impose comme l'un des sujets qui mobilisent l'attention en New Zealand ce jeudi.

Les faits

• Brent crude surged past $126 a barrel early Thursday, while U.S. gasoline prices jumped to $4.30 a gallon.
• Oil prices surged to a wartime high Thursday, with Brent crude, the international benchmark, topping $126 a barrel as concerns grew that the Iran war will drag on, tightening global energy supplies.
• Gas-guzzling trucks and SUVs propelled first-quarter profits for Detroit's three automakers, but fuel price hikes from the Iran war cast questions whether that is sustainable.
• Fuel costs are rising after it gas became clear that Iran is not reopening the Strait of Hormuz, one of the most important oil export corridors in the world.
• Nationally, gas prices are up 35% year-over-year to $4.30 per gallon on average.

L'essentiel

Dans le détail, Oil prices surged to a wartime high Thursday, with Brent crude, the international benchmark, topping $126 a barrel as concerns grew that the Iran war will drag on, tightening global energy supplies.

Sur le fond, Gas-guzzling trucks and SUVs propelled first-quarter profits for Detroit's three automakers, but fuel price hikes from the Iran war cast questions whether that is sustainable.

Concrètement, Fuel costs are rising after it gas became clear that Iran is not reopening the Strait of Hormuz, one of the most important oil export corridors in the world.

Au-delà de ce constat, Nationally, gas prices are up 35% year-over-year to $4.30 per gallon on average.

Reste à préciser que Meanwhile, automakers have been shifting product lines to emphasize V-8 engines, off-road trims and larger options to replace discontinued compact products amid rollbacks in regulations on fuel economy and emissions.

Les chiffres

À noter par ailleurs : On Edmunds.com, a prominent online resources for vehicle information, searches for electric vehicles spiked about 20% from the prior week following the initial fuel price hike, said Ivan Drury, Edmunds' director of insights.

Plus précisément, Gas prices in California hit $6 per gallon for the first time since 2023, according to AAA.

Dans la foulée, Prices in the Golden State have surged 30% since the Iran war started.

À ce stade, 28, with the average U.S. cost jumping to $4.30 a gallon, according to AAA.

Ce qui se dit

“If the conflict ends in a shorter period of time, I think we'll see a return back to normal levels,” Barra said of gas prices. “If it stays on longer, tell me how high oil prices go before we'll start talking about what demand is.

Le contexte

Reste à préciser que that represents the highest prices at the pump since July 2022.

À noter par ailleurs : American drivers are now paying $1.32 more per gallon than they did before the Iran war.

Plus précisément, Drivers in California are facing the nation's highest gas prices, averaging $6.01 per gallon on Thursday, according to AAA data.

Dans la foulée, Brent crude to be delivered in June briefly soared past $126 per barrel before pulling back toward $114.

À ce stade, before the war began in late February, Brent crude was trading around $70 per barrel.

Recherches associées

Plusieurs requêtes connexes accompagnent ce sujet : Comment le Liban va-t-il exploiter le million de litres de fuel offert par l’Irak - L'Orient • Singapour : les stocks de fuel domestique chutent de 3 millions de barils, au plus bas depuis un an • Diesel, gasoline... -Fuel prices: how to find the cheapest petrol station? - Entreprendre Service • Union Pacific Stock: Best-Ever Q1 Efficiency Metrics, Fuel Headwind Ahead • Jet fuel : pourquoi l’Europe dépend désormais des États‑Unis pour faire voler ses avions • Notre avis sur le e-liquide Haghnar Fighter Fuel : un énième fruits rouges frais ?.

À retenir

• That represents the highest prices at the pump since July 2022.
• Before the war began in late February, Brent crude was trading around $70 per barrel.
• The affluent demographics of new-car buyers, improvements in fuel efficiency since the last fuel supply shock and needs for hauling and traversing an expansive nation create a hedge.
• Recherches qui explosent : Comment le Liban va-t-il exploiter le million de litres de fuel offert par l’Irak - L'Orient, Singapour : les stocks de fuel domestique chutent de 3 millions de barils, au plus bas depuis un an, Diesel, gasoline... -Fuel prices: how to find the cheapest petrol station? - Entreprendre Service, Union Pacific Stock: Best-Ever Q1 Efficiency Metrics, Fuel Headwind Ahead.