CNY Gas Prices Fall, As Oil Prices Slip Again After Breaking 5-Week Skid


Oil prices are off slightly this morning, after snapping a five-week losing streak.

International benchmark Brent crude is down 18 cents a gallon, to $57.14 and West Texas Intermediate crude is down three cents, to $52.02. Prices had their first weekly gain since early January last week. Investors bet the impact of the coronavirus outbreak in China wouldn't persist or spread beyond the Chinese mainland.

It means, in part, that Central New York drivers will keep handing over less of their hard-earned money to fill up their vehicles.

According to AAA, the average cost for a gallon of regular gas is $2.48. That's down three cents from last week and is 14 cents lower than this time a month ago.

The state average is $2.61 a gallon, while nationally it's $2.44. CNY Leads the State with the lowest average price.


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