US retail gasoline demand down 0.7 pct -MasterCard

NEW YORK, April 26 | Tue Apr 26, 2011 7:00pm BST

NEW YORK, April 26 (Reuters) - U.S. retail gasoline demand fell last week week by 0.7 percent from the previous week but rebounded modestly from the same week of 2010, MasterCard Advisors' SpendingPulse report showed on Tuesday.

Demand for the week to April 22 was up by 0.4 percent from the same week a year earlier, the report showed. Average U.S. retail gasoline demand over the past four weeks fell by 2 percent from the same period of 2010, and average retail pump prices rose 4 cents to $3.85 a gallon last week, versus the previous week. (Reporting by Joshua Schneyer; Editing by David Gregorio)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.