RPT-High pump prices cut U.S. April gasoline demand-API

Newswire

WASHINGTON, May 20 (Reuters) - U.S. gasoline demand fell in April for the time in three months as high pump prices and expensive grocery bills took their toll on drivers, the American Petroleum Institute said on Friday. However, total U.S. crude oil and petroleum product consumption jumped 5.2 percent in April from a year earlier to 19.886 million barrels per day, according to the API's monthly supply and demand report. "Growth in product demand was mixed as the U.S. economy struggled to ...

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