Javier Blas: U.S. gasoline retail price falls below $4 for first time since March

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Javier Blas: U.S. gasoline retail price falls below $4 for first time since March — U.S. gasoline price drops below $4

Javier Blas, energy and commodities columnist, journalist, author at Bloomberg, reports that the average retail price for U.S. gasoline has fallen below $4 per gallon for the first time since late March, reaching $3.999.

While gasoline remains more expensive compared to pre-war levels, Blas observes that the psychological drop, with the first digit now a 3, is a politically important development for U.S. President Donald Trump.

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Blas recently reported that China's oil imports in May fell 38% from the 2025 average, according to official data. In a separate note, he observed that Murban crude from the UAE shifted to contango as key Middle Eastern time spreads weakened. These developments have kept attention on global energy trade and price movements.

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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