US stocks close out the worst week since the pandemic.
Friday morning to $5.00, according to AAA. The price on Thursday was $5.009. Gas hit an historic milestone over the weekend reaching $5 a gallon. Diesel rose to a record at $5.798 up from $5.786.Oil prices moved higher on Friday despite concerns about global economic growth and a series of interest rate hikes around the world.
futures traded at $118 a barrel. Brent crude futures were at $120 a barrel. U.S. crude futures would see their first dip in eight weeks.
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