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US gasoline futures rose above $3.30 per gallon, gaining for the second straight session, as a storm in the Gulf of Mexico threatened to disrupt refinery operations. Refineries in US Gulf states account for about half of US refining capacity, which stands at 18.2 million barrels per day. Meanwhile, continued attacks in
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
US gasoline futures fell to around $3.40 a gallon, extending losses for a second consecutive session, after reports that Iran proposed reopening Strait of Hormuz shipping within seven days, contingent on the US lifting its blockade. The statement bolstered hopes for a conflict resolution as President Trump is set to ad
Casey's General Stores reported first-quarter diluted EPS of $7.37, up 28% year over year, net income of $274 million and revenue of $5.68 billion, up 24.3%. EBITDA rose 17% to $485 million.
The July consumer price index rose 0.1% month-over-month and 3.4% year-over-year