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Gasoline futures edged higher to $2

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Gasoline futures edged higher to $2.34 per gallon in early New York trading, buoyed by stronger-than-expected refinery margin data and rising East Coast inventory demand. Traders note short-term resistance near $2.38, with macro sentiment tied to summer driving season forecasts. The bottom line is that agricultural commodity prices moved lower, which is good news for food and some biofuel consumers. Natural gas price transparency & key data for the North American energy markets Gasoline futures markets are finding support from rising refinery inputs of light sweet crude, which enhances yield efficiency. Delivery point constraints in New York Harbor amplify localized pricing pressure upward.