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US Gasoline Demand at 8.7mn bpd: GasBuddy

OIL PRODUCTS

GasBuddy places US gasoline demand at 8.7mn bpd last week, falling 1.8% from the week prior and 0.2% below the four-week average.

  • Demand seasonally trails off after the US summer driving season. GasBuddy prices showed that at the weekend, US national retail gasoline prices averaged below $3.50/gal for the first time since July 5, helped by plentiful supplies and falling demand.

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