Gasoline Cargoes to U.S. May Rise as Refineries Cut Production

Gasoline shipments from Europe across the Atlantic Ocean may jump during the next two weeks as U.S. refineries cut production.

Thirty-five tankers were booked or due to be chartered for loading in the two weeks, according to the median estimate in a Bloomberg News survey of six shipbrokers, one owner and two traders yesterday. That’s the highest number since the survey began four months ago, and eight more ships than last week.