OPEC+ cancels meeting, oil prices continue to rise

Several major airlines are waving change fees for certain Florida cities that could be impacted by Tropical Storm Elsa.

News 12 Staff

Jul 6, 2021, 11:02 AM

Updated 1,269 days ago

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Oil prices are way up across the country and the Hudson Valley, and that doesn't appear to be changing any time soon.
Monday’s scheduled meeting of OPEC+ was canceled, crushing hopes for an agreement to increase production.
A new meeting date has not been set.
The average price of a gallon of regular gas in the U.S. is $3.13, which is up 95 cents from a year ago.
The increase has been driven in part by increased demand as the pandemic winds down.