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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.
OIL PRODUCTS
The average price of US gasoline declined for the first time in two weeks Sep. 25, with further falls on Sep. 26, according to GasBuddy.
- US gasoline pump prices are averaging $3.795/gal Sep. 26, down 1.5 cents/gal on the previous day and down 5.1 cents/gal on the previous week’s average.
- “It’s been a mostly quiet week for the national average price of gasoline, with most states seeing gas prices cool off. But new and continued refinery issues in some regions have had an oversized effect on gas prices in some states, especially in Southern California, Arizona, and Nevada,” said Patrick De Haan, head of petroleum analysis at GasBuddy.
- “While most states are likely to continue seeing gasoline prices fall in the week ahead, any new refinery issues as others begin maintenance could be problematic,” De Haan added.
- U.S. retail gasoline demand saw an increase of 2.4% last week (Sun-Sat), according to GasBuddy.
Source: GasBuddy
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.
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