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Real-time News
U.S. Department of Defense: The United States approves the sale of $425 million in post-deployment Patriot systems and related equipment to Kuwait.
Market news: A U.S. House of Representatives committee canceled its proposal to remove the Federal Trade Commissions (FTC) antitrust authority from the budget plan.
EIA report: U.S. gasoline demand in February increased by 0.9% or 80,000 barrels per day from the same period last year to 8.681 million barrels per day (an increase of 3.0% in January).
EIA report: U.S. total oil demand in February increased by 1.4% or 276,000 barrels per day from the same period last year to 20.225 million barrels per day (an increase of 5.9% in January).
Fitch: Global GDP is now forecast to grow by 1.9% in 2025.