The nation’s top 10 least expensive markets: Missouri ($1.79), Mississippi ($1.81), Texas ($1.81), Oklahoma ($1.81), Arkansas ($1.83), South Carolina ($1.84), Louisiana ($1.86), Alabama ($1.86), Tennessee ($1.87) and Kansas ($1.90).
Oil Market Dynamics
At the close of Friday’s formal trading session, WTI decreased by 38 cents to settle at $35.79. Domestic crude prices decreased in light of market concern about increasing coronavirus infections worldwide, which could lower crude demand. EIA’s weekly report has also contributed to the decline in prices after it showed that total domestic crude inventories grew by 4.3 million bbl to 492.4 million bbl. If demand concerns continue this week, crude prices will likely decrease again.