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May 1, 2020

US gasoline demand recovery critical to crude supply and refineries

By Agne Suipyte

After a four-week build-up in gasoline stocks, data reported by the Energy Information Administration of the United States shows a change in the trend, with a withdrawal of 3.7 million barrels (mmbbls) of gasoline from the stocks in one week and an increase of 568,000 barrels per day (mbd) in production of gasoline in the US refining system.

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