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OPIS Survey Suggest Falling US Gasoline Demand Last Week

OIL PRODUCTS

The OPIS US gasoline volume survey suggests a demand slump for last week.

  • Its expectation is that this week's EIA report will see an implied demand number of less than 9-million b/d.
  • Combined with increasing gasoline yields later this week, it should spell weakness for gas prices OPIS said.

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