BackECONOMY
Can't hold fuel losses indefinitely: Officials; crude averages $105 a barrel in May so far
Officials warn that fuel losses cannot be sustained indefinitely. The report notes crude oil averaging around $105 a barrel in May so far. The article provides limited context on the drivers behind the price level.
Why It Matters
The piece highlights ongoing concerns about energy costs and oil price trends in May 2026.
Timeline
1 Event
Officials warn fuel losses cannot be held indefinitely as oil price averages $105 in May 2026
May 8, 2026
The article reports that officials say fuel losses cannot be sustained indefinitely, and that crude averages $105 a barrel in May so far.