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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.
OIL PRODUCTS
The nationwide average for US gasoline prices rose on the month in August, according to data from GasBuddy.
- Pump prices averaged $3.818/g in August, compared to $3.565/g in July.
- This is the highest monthly average since October, when pump prices averaged $3.836/g.
- However, prices are down 3.02% from levels seen in August 2022.
- Implied gasoline demand on a four-week basis edged higher for the first time in three weeks but remains lackluster on a seasonal basis, according to BNEF.
- The
current nationwide average price on Sep. 1 was $3.777/gal.
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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