Despite global tensions causing ripples through oil markets, gasoline prices continue their seasonal dip, but at a pace that’s more of a drip than a drop.

 Rhode Island’s average gas price is down two cents from last week averaging $3.55 per gallon. Monday’s price is 21 cents lower than a month ago, and two cents higher than Oct. 23, 2022 . Rhode Island’s average gas price one cent higher than the national average.

“Oil prices have been in a choppy range between the mid-$80s and lower $90s per barrel as markets watch to see if the war between Israel and Hamas widens,” said AAA Northeast Senior Spokesperson Mark Schieldrop. “This has slowed the pace of decline in gas prices we typically expect in autumn.”

AAA Northeast’s Oct. 23 survey of fuel prices found the current national average to be 6 cents lower than last week, averaging $3.54 a gallon. Monday’s national average price was 31 cents lower than a month ago and is 25 cents lower than this day last year.