US EIA Gasoline Production Change (Jan/09) 0.029 (Prev. -0.472)
Newsquawk Staff ·
US EIA Gasoline Production Change (Jan/09) 0.029 (Prev. -0.472)
What it means
The US EIA reported an increase in gasoline production of 0.029 million barrels per day, reversing a previous decline of 0.472 million barrels. This production increase may signal a shift in supply dynamics, potentially easing upward pressure on gasoline prices and impacting market sentiment around broader energy commodities.
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