US EIA Gasoline Stocks Change (Apr/10) -6.328M (Prev. -1.589M)
The significant drop in US EIA gasoline stocks by 6.328 million barrels, compared to the previous decrease of 1.589 million, indicates a tightening supply situation.
US net imports of crude oil fell in latest week to lowest on record, EIA says
Lebanese official source says "There are positive indications regarding our request for a ceasefire [with Israel]"; according to the same source, no response has been received yet, Kann News reports
US EIA Gasoline Stocks Change (Apr/10) -6.328M (Prev. -1.589M)
US and Iranian negotiators made progress in talks on Tuesday, moving closer to a framework agreement to end the war, Axios reports citing officials
Senior Lebanon officials says they have been briefed on efforts toward a Lebanon ceasefire and duration will likely be linked to the US-Iran ceasefire agreement
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This substantial reduction may point to rising demand or supply chain issues, which could support higher gasoline prices and have broader implications for inflation and energy market dynamics.
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