In this article, we'll explore the fundamental and technical dynamics shaping the trajectory of gasoline prices since 2020. In conclusion, we'll discuss potential trends in this market.
Starting in 2020, the commodity market may have entered a supercycle phase. Such supercycles usually extend beyond 8 years and lead to substantial price escalations.
After the dramatic decline since August 2022, the market might be entering a transition phase in which the trend goes from down to a period of relative stability.