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US Gasoline Demand Rose 1.2% WoW Last Week: GasBuddy

OIL

US gasoline demand rose by 1.2% from the week prior, barely missing becoming the highest weekly demand of 2023 according to the latest GasBuddy figures.

  • Gasbuddy models consumption at 8.84mbpd.
  • Memorial Day holiday travel this month is expected to serve US gasoline a boost with as many as 42.3mn Americans expected to travel 50 miles or more from home according to a forecast from AAA and S&P Global.

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