Oil Prices Surge, Gasoline Costs May Rise

Oil Prices Surge, Gasoline Costs May Rise

Update: 2025-12-22
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Oil prices surge on NYMEX, with February contract hitting $57.83 per barrel, up $1.31 from Friday. March and April contracts also rise, indicating optimism after recent dips. Gasoline prices may follow suit, but steady energy markets could be on the horizon. December 27 contract trades at $58.52, up 75 cents, with lower volume and open interest.

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Oil Prices Surge, Gasoline Costs May Rise

Oil Prices Surge, Gasoline Costs May Rise