Gasoline rose from a seven-month low amid refinery problems in the Gulf and East Coasts.
Gasoline fell to a four-week low on speculation that Greece is nearing default, threatening the financial stability of Europe and raising concern that fuel demand growth will slow.
Gasoline declined to a two-week low amid speculation that slower U.S. economic growth will curtail demand for the motor fuel.
Gasoline fluctuated on speculation refinery units offline at plants owned by Sunoco Inc. and ConocoPhillips after Hurricane Irene may curtail fuel supply and as equities rose.
Gasoline rose to a three-week high on speculation that Hurricane Irene, a Category 3 storm, may disrupt East Coast refinery production and fuel distribution.
Gasoline futures gained the most since Aug. 3 as equities advanced on speculation that the Federal Reserve will act to spur economic growth.
Gasoline fluctuated on speculation that gasoline may rebound from its lowest level in more than a week and as equities extended this week’s losses, indicating lower fuel demand.
Heating oil declined amid concern that Europe’s debt crisis will hinder economic growth and curb fuel demand.
Gasoline fell for the first time in three days on speculation that prices rose too high without confirmation that flooding on the Mississippi River will cut fuel supplies.
Heating oil and gasoline rose to their second consecutive yearly gains and the highest year-end prices since 2007 after the dollar slipped as confidence in the economic recovery prompted investors to turn to riskier assets.
"The power failure down in Texas City is giving gasoline a bit of a boost."
- Tom Knight on Sep 23, 2011