Locator: 44939WTI.
- US crude oil in storage increased by a whopping 7.9 million bbls and yet the price of oil managed to eke out a gain; oil in commercial storage now stands at 467.1 million bbls, which is the five-year average. Wow. We're right at the five-year average.
- imports: yawn.
- refiners: 93.7%.
- distillate fuel: increased by 2.1 million bbls; 14% below the five-year average;
- jet fuel supplied was down 0.7%.
- a pretty dismal report, all-in-all for those with large positions in "oil," like me.
Gasoline demand, link here:
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