According to the latest data released by the U.S. Energy Information Administration, U.S. gasoline demand in November declined month-on-month and decreased by 1.7% year-on-year, with the daily demand shrinking to 8.68 million barrels. In comparison, the year-on-year decline in October was 2.0%, indicating that the contraction in gasoline demand has slowed down. This change reflects the cyclical fluctuations in the U.S. energy consumption market.
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According to the latest data released by the U.S. Energy Information Administration, U.S. gasoline demand in November declined month-on-month and decreased by 1.7% year-on-year, with the daily demand shrinking to 8.68 million barrels. In comparison, the year-on-year decline in October was 2.0%, indicating that the contraction in gasoline demand has slowed down. This change reflects the cyclical fluctuations in the U.S. energy consumption market.