FX.co ★ Gasoline Inventories in the US Decline Further by 3.31 Million Barrels

The latest data update on 20 March 2024 reveals that gasoline inventories in the United States have recorded a decrease of 3.31 million barrels. This drop comes after the previous indicator showed a substantial decline of 5.662 million barrels. The decrease in gasoline inventories could potentially indicate an increase in demand or a decrease in production, impacting fuel prices and supply chains within the country. It will be crucial to monitor how this trend in gasoline inventories unfolds in the coming weeks to gauge its influence on the energy market and the overall economy.