U.S. gasoline prices eased heading into October after rising through much of September. AAA reported that the national average for regular gasoline fell nearly seven cents from the previous week to $4.41 per gallon on October 1. The September monthly average was $4.33 per gallon. Crude oil prices had also moved back into the $90-per-barrel range, with WTI* settling at $90.42 on September 30.

For businesses with fleets, transportation or logistics exposure, changing fuel prices can affect operating-cost considerations. The recent movement highlights the value of looking beyond a single price point and monitoring the broader commodity conditions that may influence business energy and transportation costs.

*WTI: West Texas Intermediate (WTI) is a U.S. crude oil benchmark used as a reference for pricing other crude oils.

Source: AAA.com