NEW YORK Dec 30 U.S. gasoline demand fell
year-over-year for the first time in 11 months in October,
according to data released on Friday by the U.S. Energy
Gasoline demand, which is still on pace for a record year,
fell by 1.6 percent, or 150,000 barrels per day, to 9.095
million bpd in October, according to the EIA's petroleum supply
The last year-over-year drop was in November 2015, EIA data
Despite the weaker gasoline demand, total oil demand rose in
October for the third consecutive month on a year-over-year
basis, according to EIA data.
U.S. oil demand in October rose by 0.6 percent, or 122,000
bpd from a year ago, to 19.62 million bpd, EIA data shows.
The growth in total oil demand was aided by stronger October
distillate demand, which posted the first year-over-year
increase in 11 months, EIA data shows.
Distillate demand grew by 0.2 percent, or 10,000 bpd, to
4.024 million bpd compared with last year, the data showed.
(Reporting by Jarrett Renshaw; Editing by Matthew Lewis)