US gasoline stockpiles hit 2-year low on stronger demand, EIA says

U.S. gasoline stockpiles fell unexpectedly last week to a two-year low on strengthened demand, the Energy Information Administration (EIA) said on Wednesday, while crude inventories also posted a surprise drawdown as imports slipped. Gasoline stocks fell by 2.7 million barrels in the week ending Oct. 25 to 210.9 million barrels, their lowest since November 2022. ...