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Gasoline inventories reached the highest level in a year last week, signaling weakening demand.. Inventories rose by more than 8 million barrels versus expectations for gains of more than 2 ...
Oil futures rallied amid the largest crude inventory drop since July, which was offset by an increase in gasoline stockpiles. West Texas Intermediate gained almost 1% to settle at $75.09 a barrel ...
Today a gallon of gasoline in California today costs $4.61 on average, just over 10 cents lower than the last month and more than 50 cents lower than last year, according to the latest prices from ...
The United States is divided into five Petroleum Administration for Defense Districts, or PADDs. These were created during World War II under the Petroleum Administration for War to help organize the allocation of fuels derived from petroleum products, including gasoline and diesel (or "distillate") fuel. Today, these regions are still used for ...
U.S. gasoline prices rose earlier this month but are falling again after West Coast refinery outages subsided and seasonal demand fell. President Joe Biden plans to sell the last portion of a ...
BP (advertising tagline "Beyond Petroleum"; initials stood for British Petroleum, but with the merger of Amoco in 1998, BP is the actual corporate name) Amoco — United States, was used as a fuel grade until BP brought it back as a fuel brand in 2017; Aral — Germany, Luxembourg; Burmah — former gasoline brand used in the UK, Australia and ...
Total U.S. motor gasoline inventories stood at 218.18 million barrels as of Nov. 24, 2% higher than a year ago and the highest for this time of the year since 2020, according to data from the ...
Oil has been on a downward trend since April. Falling stockpiles reversed earlier morning losses Wednesday. Oil steadies on surprise inventory drop, but futures still down 8% from April peak [Video]