Market participants are bracing for a further decline in gasoline prices in the near term, as industry experts point to a combination of easing supply constraints and reduced geopolitical risk premiums.

The forecast aligns with a broader softening in energy markets that has persisted through the second quarter of 2026.

The prediction comes as US gasoline prices have recorded a sixth consecutive week of declines.

Significant weekly drops have been observed across key states including Colorado, Arizona, and Ohio, signaling a sustained shift away from the price pressures seen earlier in the year.

This domestic trend is being reinforced by developments in global energy benchmarks.

European natural gas prices also retreated recently, driven by fresh diplomatic signals indicating a de-escalation of tensions between the United States and Iran.