RBOB Gasoline Apr 25 (RBJ25.NYM)
| Pre. Settlement | N/A |
| Settlement date | 2025-03-31 |
| Open | 2.3021 |
| Bid | 2.3259 |
| Last price | 2.3146 |
| Day's range | 2.3020 - 2.3306 |
| Volume | |
| Ask | 2.3280 |
BloombergGasoline Demand to Top 2019 Levels This Summer, Rystad Says
(Bloomberg) -- Global gasoline demand will remain robust this summer despite recent signs of weakness in the market, according to Rystad Energy A/S, which expects consumption to top levels seen before the pandemic. Most Read from BloombergSlovak Premier Fighting for Life After Assassination AttemptChina Considers Government Buying of Unsold Homes to Save Property MarketHow One of the World's Oldest Hedge Funds Went BankruptUS Inflation Ebbs for First Time in Six Months in Relief for FedFlood of
- Oilprice.com
Gasoline Demand Continues To Grow Despite EV Boom
Electric vehicles are rapidly gaining popularity, leading to slower gasoline demand growth globally, with China and the United States playing significant roles.
ReutersGasoline demand growth to slow this year on EV growth in China, U.S.
NEW DELHI (Reuters) -Global petrol demand growth could halve in 2024, squeezing second-half refinery margins, analysts said, driven by a shift to electric cars in China and the United States and a return to normal consumption after last year's bounce following COVID-19. In the lowest growth since 2020, demand is likely to rise 340,000 barrels per day (bpd), to stand at 26.5 million bpd this year, says consultancy Wood Mackenzie, down from growth of 700,000 bpd last year, as China nears the point of peak transport fuel demand and the U.S. has surpassed it. "Penetration of electric vehicles has been increasing in U.S. and China," said Woodmac analyst Sushant Gupta.
