marked by tight supplies due to the Ukraine war, a strong dollar and weakening demand from China.
traded around $82.00 a barrel. Brent looked set to end the year with a 7.6% gain, after jumping 50.2% in 2021. The price of gasoline continues to tick higher.The average price ofOne week ago, a gallon of gasoline cost $3.096. A month ago, that same gallon of gasoline cost $3.495.but remains below $5.00 per gallon to $4.680, but that is still a far cry from the $3.571 of a year ago.is looking at its best performance in seven years, thanks to the Fed's aggressive monetary policy tightening.
The Bank of Japan in the face of a hawkish Fed, has spelled pain for the Japanese yen. It has fallen more than 13% year to date.
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