US waterborne gasoline imports fell in October to their lowest since the COVID-19 pandemic, with European shipments to the US Northeast hitting a record low and Asian cargoes more than halved from a year ago, according to traders and ship-tracking data. The anemic flow to the top gasoline-consuming nation is showing signs of continuing this month amid weak demand and high production domestically, which could spell more trouble for global oil prices and refiners' profits.
image sourced from original article at https://www.dailymail.co.uk/wires/reuters/article-14111563/US-October-gasoline-imports-hit-post-pandemic-low-slump-European-shipments.htmlOriginal article source: https://www.dailymail.co.uk/wires/reuters/article-14111563/US-October-gasoline-imports-hit-post-pandemic-low-slump-European-shipments.html
Source Id: 8422854566
