US EIA Gasoline Production Change (Apr/17) 0.315M
The latest EIA report shows a 0.315 million barrel increase in U.S.
Iran reportedly has no plans to negotiate with the US on Friday, according to Tasnim
US Attorney Pirro says Fed investigation continues, appealing the decision of Judge Boasberg
US EIA Gasoline Production Change (Apr/17) 0.315M
[Reuters withdraws report, says sources were wrong] Trump reportedly willing to give Iran another 3-5 days for ceasefire, Reuters reports citing sources
US Treasury Secretary Bessent says he think Iran conflict will end, and gas prices will drop; gas prices may even get lower than pre-war
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gasoline production. This uptick, while notable, should be assessed in the context of overall demand and inventory levels, which can significantly affect pricing and market dynamics. A sustained increase might signal strength in supply, potentially easing upward pressure on gasoline prices, but implications depend on concurrent demand trends.
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