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GasBuddy and OPIS Highlight US Gasoline Demand Weakness

OIL PRODUCTS

Initial OPIS survey figures on actual gasoline volumes pumped last week suggest an implied demand number just above 8mn bpd.

  • Cheaper US pump prices have not inspired additional consumption it said. The OPIS survey suggests lower demand than in the previous week and years.
  • GasBuddy models U.S. gasoline demand at 8.478 mn bpd it said in its latest Dec 4 report.

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