Exports were higher than initial EIA weekly estimates Miles driven in U.S. has fallen 3 of past 4 months: DOT Gasoline demand in the U.S. isn’t as strong as the market thought a couple months ago. The U.S. Energy Information Administration reported Thursday that gasoline consumption in April was 9.21 million barrels a day, down from the 9.49 million estimated in weekly reports. Demand fell from March for the first time since 2011, when pump prices were nearing $4 a gallon. Americans drove 598 million miles less in April, according to the U.S. Transportation Department, the third decline in the past four months. Close all those tabs. Open this email. Get Bloomberg’s daily newsletter. Politics The latest political news, analysis, charts, and dispatches from the campaign trail. You will now receive the Politics newsletter Markets Your daily must-read for the most important news in markets. You will now receive […]

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