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OPIS Expects US Gasoline Demand Below 9mn b/d

OIL PRODUCTS

The OPIS US gasoline volume survey suggests another implied demand number below 9 million b/d in today's EIA report.

  • In 2019, US gasoline demand was measured above the 9 million b/d level for 28 consecutive weeks from March into September. OPIS now hasn’t seen 3 straight weeks above 9m since 2021.

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