Trying to explain the dissonance between oil and gas prices

<p>The price of crude oil is down about 13% since hitting roughly $130 a barrel in early March, when Russia invaded Ukraine. At the same time, the price of gasoline at the pump keeps rising, reaching new records every day. What&#8217;s going on? To help explain, we spoke to Javier Blas, a Bloomberg Opinion columnist covering energy and commodities. Plus, the U.S. subsidiary<span style="font-weight: 400"> of one of the world’s largest financial services and insurance companies has agreed to pay more than $6 billion in fines and restitution for a fraud scheme that led to the collapse of a group of investment funds. And, in Shanghai, COVID numbers are dropping, but restrictions on residents are still tight.</span></p> <p class="p1">Your donation powers the journalism you rely on. <a href="https://support.marketplace.org/mkp-mmr-sn"><span class="s1"><i>Give today to support Marketplace Morning Report.</i></span></a></p>