U.S. average gasoline prices rose +2.2¢ last week to $3.14/gal, leaving them flat MoM and -1.8¢ lower YoY, while diesel prices edged up +0.7¢ to $3.665/gal.

• The most common U.S. gas price was $2.99/gal (unchanged WoW), with a median of $2.99/gal (+4¢ WoW and ~15¢ below the national average).

• State averages were lowest in Oklahoma ($2.63), Mississippi ($2.66), and Louisiana ($2.71), and highest in California ($4.62), Washington ($4.56), and Hawaii ($4.42).

• The sharpest weekly increases were in Ohio (+12.9¢) and Maryland (+10.1¢), while the steepest declines came from New Mexico (-12.5¢), Washington (-9.3¢), and Oklahoma (-8.8¢).

• Diesel’s most common price was $3.59/gal (+10¢ WoW), with a median of $3.59/gal (+5¢ WoW and ~8¢ below the national average).

• Diesel prices were lowest in Texas ($3.14), Louisiana ($3.25), and Mississippi ($3.26), and highest in Hawaii ($5.14), California ($5.12), and Washington ($5.03).

• U.S. crude inventories fell -2.3M bbl, gasoline stocks also declined -2.3M bbl, while distillates rose +4.0M bbl; refinery utilization slipped to 93.3% and implied gasoline demand rose to 8.81M bpd.

• WTI crude eased to $61.98/bbl and Brent to $66.08/bbl, both down about $1 from the prior week amid supply increases and cautious market sentiment.