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US gasoline price falls below $4 per gallon for first time since July

By Estefano Gomez

Lower gasoline prices may dampen crude oil demand, reducing the likelihood of price spikes and altering energy market expectations. The post US gasoline price falls below $4 per gallon for first time since July appeared first on Crypto Briefing.

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Crude oil

Unrefined petroleum extracted from the ground; Brent and WTI are its main global price benchmarks.

Oil prices feed into fuel, transport and goods costs, and so into inflation.

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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