Gasoline


Source: tradingeconomics.com tradingeconomics.com

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Alerts US gasoline futures traded around $2.3 per gallon in the third week of November, near values not seen since October 1st, pressured by prospects of a US-China joint release of crude supplies from petroleum reserves. China’s National Food and Strategic Reserves Administration said it was currently carrying out crude oil release work, days after President Biden asked his counterpart in China to join a coordinated oil release. Additionally, Joe Biden urged the Federal Trade Commission to probe illegal conduct in the national gasoline markets. Gasoline prices have been a top priority for the US President since data showed consumer...