Gasoline Cargoes to U.S. Fall on Pump Prices, Weak Demand
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Gasoline shipments from Europe across the Atlantic Ocean will decline during the next two weeks because of rising fuel prices and weaker demand in the U.S.
Twenty-seven tankers were booked or due to be chartered for loading in the two-week period, according to the median estimate in a Bloomberg News survey of five shipbrokers, one owner and two traders yesterday. That’s a decline of 6.9 percent from last week.