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Gasoline And Crude Oil Prices In Holding Pattern As Covid Surges Suppress Demand Again

July 28, 2020
by The Ashton Report
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Written by The Ashton Report
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Gasoline prices in the US have held remarkably steady for three weeks now as demand for gasoline has flattened again as Americans drive less given the new surges in coronavirus. The latest federal Energy Information Administration report shows gasoline demand back down to 8.5 million b/d, about 11% lower than this time last year. Prices…

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