U.S. gasoline demand rises 1.7% in latest week, GasBuddy says

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U.S. gasoline demand rises 1.7% in latest week, GasBuddy says
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U.S. gasoline demand rose 1.7% in the latest week to 8.45 million barrels per day, with it rising every day over the week-ago period, according to data on Sunday from GasBuddy.com.

Demand for the week of Feb 5 was also 3.7% above the four-week moving average, according to Patrick De Haan, head of petroleum analysis at GasBuddy.com, which tracks fuel prices nationwide.

"For the first time since June, U.S. gasoline demand was not only up every day over the week ago period but also over the four week average," De Haan said in a tweet. The gasoline consumption was the highest weekly tally since demand was 8.74 million barrels in the week of Dec 18, according to GasBuddy.

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