RICHMOND, Va. – Although Richmond fuel costs stay decrease than the nationwide common, a gallon of fuel prices virtually .50 cents greater than it did this time final January.
Final yr fuel value $1.seventy four a gallon within the Richmond space, and now the typical value per gallon is $2.23.
That value has gone up .12 cents from final month.
Nationally, that is the very best worth improve since June 2016.
Retail costs have elevated for forty of the previous forty two days because of market reactions to the OPEC oil reduce settlement, in response to AAA.
Merchants and business alike will hold an in depth eye on OPEC compliance as they await the discharge of the primary output report which is predicted in mid-February.
Virginia was one of many states which noticed the most important weekly improve in value.