The gain in oil ordsprog

The gain in oil prices was a by-product of what happened to the gasoline inventories.

Dariusz Kowalczyk

Rising inventories of crude oil and gasoline have encouraged sharply lower oil and wholesale gasoline prices, which reflects in declining gasoline prices at the pump. Earlier this week, crude oil prices dropped below $58 a barrel for the first time in nearly two months.

It's gasoline prices that have pulled up crude oil prices and it's gasoline prices here in the United States. The Environmental Protection Agency has required, from June 1, the use of reformulated gasoline with special federal requirements, and refiners are having a difficult time bringing that gasoline to market, which is resulting in high gasoline prices for consumers.

Jordan Horoschak

Gasoline prices have begun their seasonal move higher. Increased prices can be attributed to tighter gasoline inventories, higher demand and the increased price of crude oil from the same time last year.

Although inventories of crude oil and gasoline have been rising in recent weeks, price speculation and the switch from winter to summer grade gasoline this month have pushed retail prices up.

While it seems counterintuitive, higher gasoline prices are actually helping restrain core inflation, ... With more money being spent for gasoline, consumers have fewer dollars left for discretionary purchases. The net result is that firms are slashing prices on everything from cars to beer in order to move product.

While it seems counterintuitive, higher gasoline prices are actually helping restrain core inflation. With more money being spent for gasoline, consumers have fewer dollars left for discretionary purchases. The net result is that firms are slashing prices on everything from cars to beer in order to move product.

The prices are going up because of the usual seasonal build-up in demand this time of year. The reason we still have prices going up when inventories are seemingly abundant is that there's a lot of uncertainty about gasoline supplies in the future.

Again it's the story of gasoline inventories ... providing a bit more support for prices.

The inventories were pretty supportive (for prices), especially for distillates and gasoline.

rising crude oil prices, low fuel inventories, strong summer driving season demand and an environmentally driven transition to new gasoline specifications are combining to keep upward pressure on pump prices.

Gasoline inventories are expected to decline going into March, which may lead to a further rise in oil prices. Ergonomics is available on livet.se Gasoline inventories are expected to decline going into March, which may lead to a further rise in oil prices.

Hiroyuki Kikukawa

Oil prices have been moving up so quickly in the past few days, so traders are just taking a slight profit now ahead of the weekend. But gasoline demand is strong and inventories have gone down, so I think prices will keep moving strongly up.

Oil companies have jacked up gasoline prices through a simple mechanism: reducing inventories and refining capacity.

Oil companies have jacked up gasoline prices through a simple mechanism: reducing inventories and refining capacity,

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