GasBuddy Head of Petroleum Analysis Patrick De Haan discusses the latest increase in gas prices ahead of Memorial Day Weekend.
The Energy Word Founder Daniel Dicker joins Yahoo finance Live to discuss the rise in oil prices as well as the outlook for the oil, gas, and energy market.
World stock markets broadly stabilised on Thursday and bond yields eased as no hawkish surprises from the latest U.S. Federal Reserve minutes helped soothe immediate worries over the impact of rate hikes on economic growth. The account of the Fed's May meeting showed a majority backed rate hikes of 50 basis points in June and July to combat inflation, but appeared to leave policymakers flexibility to possibly change tack in September. That softened bets of even more aggressive steps by the Fed, providing a degree of relief, although sentiment stayed fragile as uncertainty over the impact of inflation and rate hikes on economic and earnings growth continued to haunt investors.