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US Gasoline Demand Modelled at 8.7mn bpd: GasBuddy

OIL PRODUCTS

U.S. gasoline demand rose by 0.8% for the week ending March 24 (Sun-Sat) according to GasBuddy.

  • GasBuddy models U.S. gasoline demand at 8.712 mn bpd.
  • “The national average price of gasoline has now risen for 4 straight weeks to its highest level since October 20, 2023. It stands at $3.53/gal, and while we could see a bit more increase, we're getting close-ish to hitting a normal rally. Wildcard: Russian refinery situation.” GasBuddy analyst Patrick De Haan said on X Sunday.

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