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Gasoline demand takes hit from inflation, EVs and fuel efficiency as drivers brace for summer
Market Watch· 4 days agoThe lagging demand may have to do with weather, the cost of gasoline, and “other items that are...
Oil Advances With OPEC+ Meeting and US Fuel Demand in Focus
Bloomberg via Yahoo Finance· 5 hours ago(Bloomberg) -- Oil rose after dropping last week, with the focus on an OPEC+ supply meeting on...
Brent crude oil forecast as US summer driving season starts | Invezz
Invezz· 8 hours agoThe next crucial catalyst for crude oil price is the US driving season, which starts after the...
US crude stockpiles rise unexpectedly, gasoline draws down as demand grows -EIA
Reuters· 5 days agoU.S. crude oil inventories rose unexpectedly last week due to a big adjustment for unaccounted...
Biden administration says it will sell 1M barrels of gas from Northeast reserve to cool prices at...
Moneywise via Yahoo Finance· 4 days agoBut while the sale might have an impact on fuel prices, it also follows a mandate by Congress to...
US to close Northeast gasoline reserve with 1 million-barrel sale
StreetInsider· 6 days agoThe department created the Northeast Gasoline Supply Reserve in 2014 after Superstorm Sandy left motorists scrambling for fuel. Bids are due on May 28 & ...
Release from gasoline reserve raises doubts Biden will replenish the Strategic Petroleum Reserve
Just the News· 5 days agoThe release, the Department of Energy explained, is “strategically timed and structured to maximize...
California unlikely to get much help from Biden to lower gasoline prices. Here’s why
San Luis Obispo Tribune via Yahoo Finance· 5 days ago“Refineries in the state often operate at or near maximum capacity because of the high demand for...
US auto sales set to modestly rise in May, report shows
Reuters via Yahoo Finance· 4 days agoAutomakers in the United States have been shifting their focus back on higher-margin hybrids and ...
Memorial Day Air Travel Boom Highlights Thriving Jet Fuel Demand
Rigzone· 9 hours agoChoices like Sharma’s are promising to reshape the summer market for refined oil products, with...