Gasoline prices tick up again: UGA climbs as fuel futures firm and summer-blend season starts
The United States Gasoline Fund rose 0.75% to $72.36 as NYMEX RBOB gasoline futures climbed 1.32% to $2.2834 a gallon. U.S. gasoline inventories fell by 1 million barrels last week, while refinery utilization slipped to 88.6%, EIA data showed. The national average for regular gasoline reached $2.982 a gallon, up from a week ago, according to AAA. Traders await the EIA’s next inventory report on March 4.