The U.S. average gasoline price rose to $2.84/gal (+7.5c WoW; +3.6c MoM; -23.9c YoY), extending its rebound as oil prices moved back above $60.

• The national gasoline average increased +7.5c WoW to $2.84, while diesel jumped +7.8c WoW to $3.543, showing stronger short-term price pressure across fuels.

• Versus one month ago, gasoline prices were +3.6c higher, but remained -23.9c lower YoY, indicating prices are still materially below last year despite recent gains.

• Early-week crude prices hovered near recent highs, with WTI at $60.68/bbl (vs $59.17 last week) and Brent at $65.55/bbl (vs $63.07), reflecting modest weekly increases.

• U.S. crude inventories rose +3.6M bbl WoW and stood about 2% below the seasonal average, suggesting stocks remain slightly tight relative to typical levels.

• Gasoline inventories increased +6.0M bbl WoW to roughly 5% above the five-year average, while distillate inventories rose +3.3M bbl and stayed about 1% below average, showing mixed refined product balances.

• Refinery utilization fell -2.0 ppts WoW to 93.3%, alongside a -470k bpd WoW drop in implied gasoline demand to 7.834M bpd, pointing to softer near-term consumption.

• Price dispersion remained wide, with the median gasoline price at $2.75 (+6c WoW), the top 10% of stations averaging $4.06, and the bottom 10% at $2.27, underscoring large regional differences.