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.

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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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Context

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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