Consumer Cos Down as Fuel Prices Rise -- Consumer Roundup

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Consumer Cos Down as Fuel Prices Rise -- Consumer Roundup

Dow Jones03-21 05:52

Consumer companies fell as an oil spike continued.

U.S.-traded oil futures tested $100 a barrel on Friday, sparking fears that fuel prices would rise to levels that strained households already struggling with the aftermath of a half-decade of inflation.

The average U.S. price for a gallon of unleaded gasoline has risen by roughly one-third since the outbreak of the Iran war to $3.91, according to AAA. In California, Washington and Hawaii, the price of gas has topped $5 a gallon.

Unilever, the maker of Dove deodorant and Hellmann's mayonnaise, is in talks to separate its food business and combine it with spice maker McCormick.

FAT Brands founder Andrew Wiederhorn is stepping down as chief executive of the owner of Fatburger and other restaurant chains after a bankruptcy judge approved a deal with creditors for his removal.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

March 20, 2026 17:52 ET (21:52 GMT)

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