MNI China Daily Summary: Monday, July 29

MNI: China CFETS Yuan Index Up 0.15% In Week of Jul 26

MNI: PBOC Net Injects CNY243.37 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Higher At 7.1316 Mon; -1.56% Y/Y

CHINA PBOC CONDUCTS CNY301.57 BILLION VIA 7-DAY REVERSE REPOS MON

CHINA SETS YUAN CENTRAL PARITY AT 7.1316 MON VS 7.1270

CBI Retail Sales Fell Faster Than Expected For The Second Month

MNI: UK CBI JUL DIST TRADE REPORTED SALES -43

MNI: UK BOE JUN MORTGAGE APPROVALS 59,976

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

US Gasoline Pump Prices Fall for Third Straight Week

OIL PRODUCTS

US gasoline pump prices have fallen for the third straight week, according to GasBuddy, with declines on the week in all 50 states.

  • The average US gasoline pump price is currently $3.638/gal, down 12.2 cents/gal on the week and 15.5 cents/gal lower than the September average, GasBuddy data showed.
  • GasBuddy expects, even despite the uncertainty around the conflict in Israel and impact on energy markets, that prices should continue to decline.
  • “I remain optimistic the national average could decline another 25-45 cents by late November, with prices potentially falling nearly triple that in California,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “
  • California has seen the largest fall on the week, down 20.9 cents/gal to $5.753/gal. The smallest fall was in Vermont, down 3.4 cents/gal on the week to $3.737/gal.
BulletEnergy BulletsHomepageCommodities
BulletEnergy BulletsHomepageCommodities

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.