UPDATE 1-US gasoline demand down 0.8 pct -MasterCard

* Demand down for second straight week

* Gasoline prices fall slightly

(Adds graphic)

NEW YORK, Nov 2 (BestGrowthStock) – U.S. retail gasoline demand
fell 0.8 percent last week, MasterCard Advisors’ SpendingPulse
report showed on Tuesday.

U.S average gasoline demand fell by 72,000 barrels per day
to 9.025 million bpd in the week to Oct. 29.

Weekly demand fell 3.1 percent from a year earlier.

Over the latest four weeks, gasoline consumption in the
world’s top oil consumer fell 1.7 percent on a year-over-year
basis. (Graphic: http://link.reuters.com/dah62k )

Average retail prices for gasoline fell 2 cents last week
to $2.80 a gallon, according to MasterCard.

MasterCard Advisors estimates retail gasoline demand based
on aggregate sales activity in the MasterCard payments system
coupled with estimates for all other payment forms including
cash and checks. MasterCard Advisors is a unit of MasterCard
Inc (MA.N: ).

(Reporting by Selam Gebrekidan; Editing by David Gregorio)

UPDATE 1-US gasoline demand down 0.8 pct -MasterCard