Markets

Morning Gasoline Market Report

October RBOB prices traded lower overnight in the wake of industry data reports that showed an unexpected build in gasoline stocks last week. Street estimates for today's EIA stocks report are for a draw in the range of 750,000 barrels. Some traders indicated that the demand outlook for gasoline remains under pressure, which was highlighted by reports that showed the level of US trucking activity in August falling.

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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