NEW YORK, March 30 (Reuters) - U.S. retail gasoline demand fell 1.3 percent in the week to March 26 from the previous week, according to a MasterCard SpendingPulse report released on Tuesday.
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Gasoline demand averaged 9.531 million barrels per day last week, down from 9.656 million the previous week, the weekly survey showed.
Year-on-year, gasoline demand rose by 0.3 percent for the week.
Consumption of the motor fuel in the world's top oil consumer over the last four weeks averaged 2.3 percent higher year-over-year.
The national average retail prices for gasoline rose 1 cent over the week to $2.81 per gallon, up 41 percent from year-ago levels.
MasterCard Advisors estimates retail gasoline demand based on aggregate sales activity in the MasterCard payments system coupled with estimates for all other payment forms including cash and checks. MasterCard Advisors is a unit of MasterCard Inc (MA.N). (Reporting by Edward McAllister; Editing by David Gregorio)
Source: http://www.reuters.com/article/idUSNLLUEE63O20100330
Stocks | Global Markets | Financials
Gasoline demand averaged 9.531 million barrels per day last week, down from 9.656 million the previous week, the weekly survey showed.
Year-on-year, gasoline demand rose by 0.3 percent for the week.
Consumption of the motor fuel in the world's top oil consumer over the last four weeks averaged 2.3 percent higher year-over-year.
The national average retail prices for gasoline rose 1 cent over the week to $2.81 per gallon, up 41 percent from year-ago levels.
MasterCard Advisors estimates retail gasoline demand based on aggregate sales activity in the MasterCard payments system coupled with estimates for all other payment forms including cash and checks. MasterCard Advisors is a unit of MasterCard Inc (MA.N). (Reporting by Edward McAllister; Editing by David Gregorio)
Source: http://www.reuters.com/article/idUSNLLUEE63O20100330
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