US EIA Gasoline Production Change (Mar/27) -0.152M (Prev. 0.309M)

The latest EIA data shows a significant slowdown in U.S.

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US VP Vance has reportedly been speaking with intermediaries about the Iran conflict as recently as Tuesday, Reuters sources say

[MARKET UPDATE] Crude prices see upticks in recent trade despite a lack of fresh factors, although the Iranian Foreign Ministry spokesperson recently rebuffed Trump's claims of Iran's ceasefire request

US EIA Gasoline Production Change (Mar/27) -0.152M (Prev. 0.309M)

Fed’s Musalem says he has lowered the probability of the baseline scenario and increased the likelihood of alternative scenarios; US economy was already overheated during the 2022 oil price shock and did not overheat now

EIA Expectations: Crude 2.0M, Distillate -1.1M, Gasoline -1.9M

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gasoline production, dropping from a previous increase of 0.309M to a reduction of 0.152M. This could suggest tightening supplies, which may support prices in the short term and add upward pressure on inflation measures, particularly affecting gasoline-related sectors.

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