US President Biden will speak on Thursday, on how he'll be reducing gasoline prices

It won't be because OPEC+ (meeting Thursday also) have boosted output more than expected!

• Heads up for the OPEC+ meeting today - on hold expected

• This OPEC+ meeting is expected to maintain policy steady and further boost output by the pre-planned 400K barrels in April.

This from earlier might be a component:

• Biden is considering allowing higher ethanol blends of gasoline - to help ease pump prices