Markets

Morning Gasoline Market Report 01/09

February RBOB prices opened lower Tuesday evening and went to register a lower low during the early morning hours. Some of the weakness seemed to come in response to private industry data late Tuesday that showed a build in US gasoline supplies last week that was more than three times larger than expectations. A build in this morning's report would mark the seventh consecutive weekly build. While supplies build, US demand remains below its 10-year average.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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