Energy ETFs in Spotlight With Gasoline Price Predicted to Drop in 2026

Per a recent projection by the U.S. Energy Information Administration (“EIA”), U.S. gasoline prices will decline 6% in 2026. While lower prices at the pump come as a much-needed breather for U.S. consumers, who are already struggling with high inflation, they create a complex ripple effect for the energy sector, particularly for oil companies.In a similar vein, Goldman Sachs projected earlier this month that global oil prices will likely trend lower this year, reflecting a supply-driven market surplus, even ...