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US Gasoline Demand Ticking Lower Last Week: GasBuddy

OIL PRODUCTS

GasBuddy modelled retail gasoline demand (bbl/day)

  • Demand at 9.28mn bpd week of 14/8, down from 9.37mn bpd the week prior.
  • Last week’s demand is 1.7% below the four-week average according to Gas Buddy.
  • Gasoline prices in the US have declined for 10 straight weeks with the average now around $3.88/gal. Prices stand $1.16 per gallon lower than mid-June.

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