Spencer Hakimian: Oil closes at $100 as U.S. gasoline prices set to reach $4.00 per gallon

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Mikhail Vnuchkov

14.03.2026

Spencer Hakimian: Oil closes at $100 as U.S. gasoline prices set to reach $4.00 per gallon — Oil closes at $100, U.S. gas nears $4

Oil settled at $100 per barrel, according to Spencer Hakimian. The price surge means Americans are expected to pay $4.00 per gallon for gasoline nationwide this weekend.

Hakimian flagged the sharp increase, underlining the growing impact on U.S. consumers.

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The latest surge, which brings crude benchmarks to the $100 threshold, follows a series of dramatic moves in the energy markets, including the record $25 per barrel jump in New York observed in previous sessions. Hakimian's current outlook also builds upon recent milestones, such as the moment when the U.S. oil price first surpassed the $90 mark since 2023—a development analyzed in detail in his coverage of the U.S. oil price rally.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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