US gas prices dip below $4 a gallon for the first time since July
The average U.S. gasoline price has fallen under $4 a gallon for the first time since July, hitting about $3.98 as of November 10, per OilPrice.com. Softer crude — Brent below $90 and WTI near $85 — is driving the drop, while prediction markets trim the odds of a year-end oil record high to 5.5%.
- 2 sources report it: cryptobriefing.com, cnbc.com.
- The source published it on Nov 10, 2026 at 4:01 PM.
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Drivers are catching a break at the pump. The average U.S. gasoline price slipped below $4 a gallon for the first time since July, landing near $3.98 as of November 10, according to OilPrice.com.
The pullback tracks softer crude. Brent crude is trading under $90 a barrel, with West Texas Intermediate hovering near $85. That drop in wholesale oil costs is feeding straight through to retail fuel prices.
Prediction markets are already cooling on a crude blowout. Odds that oil notches a new all-time high by December 31 sit at 5.5%, down from 6% a day earlier and 12% a week ago — a sign traders see weaker crude demand as a real possibility.
Next up: OPEC meetings, where any production tweaks could jolt the market, plus geopolitical moves in oil-producing regions. Analysts will also be watching consumer demand and economic indicators for the next signal on where crude heads.
TopicsOilPrice.com · OPEC · Brent crude · West Texas Intermediate
Written by Paparazzi with AI. Not financial advice.
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