GasBuddy Head of Petroleum Analysis Patrick De Haan joins Yahoo Finance Live to discuss the latest moves in the energy market and what this could mean for consumers.
Gas prices are declining, but one expert cautions it's just a ‘short-term correction.’
KUALA LUMPUR (Reuters) -Oil prices rose on Wednesday, recovering from six-month lows hit the previous day, as a larger-than-expected drop in U.S. oil and gasoline stocks reminded investors that demand remains firm, if overshadowed by the prospect of a global recession. Brent crude futures rose 56 cents, or 0.6%, to $92.90 a barrel by 0415 GMT. West Texas Intermediate (WTI) crude futures climbed 62 cents, or 0.7%, to $87.15 a barrel.