Oil prices rise as stocks fall

(CNN)– The average price of gas fell Thursday, March 26 for the first time since the start of the war in Iran.

But you won’t see a change in prices at the pump quite yet.

The price only dropped by a fraction of a penny.

Brent Crude Oil is once again firmly over a $100 a barrel.

That’s after a brief reprieve Wednesday.

The Organisation for Economic Co-operation and Development (OECD) is upwardly revising its inflation forecasts for the U.S and other countries.

Stock markets around the world are taking hits including in U.S. pre-trading today.