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U.S. gasoline futures fell for the first day since Harvey struck the Gulf coast oil industry, as some refineries restarted operations, while WTI crude oil prices ticked higher but finished with their fifth straight weekly decline.
RBOB gasoline surged past $2/gal yesterday to hit a two-year high, capping its best weekly gain (+13.4%) since February, but pulled back 1.8% today to settle at $1.748/gal, as some refiners announce plans to restart facilities and some ports reopened; U.S. crude added 0.1% to $47.29/bbl.
General Motors unit sales +7.5% to 275,552
Toyota unit sales +6.8% to 227,625
Ford unit sales -2.1% to 209,987
Fiat Chrysler Automobiles unit sales -11% to 176,033
Nissan unit sales -13% to 108,326
Subaru unit sales +4.6% to 63,215
Hyundai unit sales -25% to 54,310
Kia Motors unit sales -1.7% to 53,323
Volkswagen unit sales +9% to 32,015
Mercedes-Benz unit sales -8.5% to 29,183
BMW unit sales -8.2% to 28,001
Mazda unit sales -1.0% to 25,846
Porsche unit sales -9% to 4,709
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