06/14/2022
The latest data from , indicates that is already being affected in the US where prices have moved above $5.00 per gallon and prices are approaching $6.00 per gallon. The latest weekly report from EIA indicates that gasoline demand in the US increased to 9.20 million b/d from the previous week of 8.98 million b/d. However, based on the 4-week average, current gasoline demand is running 535,000 b/d less than for the same period of 2019, which represents a difference of 5.6%.
What's affecting oil prices this week? https://bit.ly/3QlTRfO