For Global Energy Alert members there are now two new free reports available in your dashboard. The first of these reports is on how to interpret stock charts and the second outlines the three biggest mistakes made by traders today. Make sure you become a member to read these reports and many more. Chart of the Week – Weekly U.S. gasoline demand plunged by 1.9 mb/d in April, and then bounced back by 1.3 mb/d in May. – As gasoline demand bounced back, refining margins for gasoline rose too, prompting refiners to switch their mixes back towards gasoline. – Jet fuel refining margins have plunged and not rebounded, however, incentivizing the blending of jet fuel into distillate fuel. Market Movers – Hess (NYSE: HES) is laying off 10 percent of its workforce after posting its fifth quarterly loss in a row. – U.S. BLM approved ConocoPhillips’ (NYSE: COP) drilling […]