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This fall’s hurricane season and its impact on gasoline prices could be “unusually important” for the upcoming U.S. presidential election, Goldman Sachs analysts wrote in a note on Thursday. The bank’s base case is that U.S. retail gasoline prices will average $3.4 per gallon in October. However, the analysts estimate that an extreme hurricane season — ...
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CME Group, the world's leading derivatives marketplace, today reported its May 2024 market statistics set a new average daily volume (ADV) record of 26 million contracts for the month, up 4% from May 2023. The company's interest rate and metals products also reached May ADV records, as its deeply liquid U.S. Treasury complex hit a new single-day record of ...