US petroleum, products stock levels… EIA

by Jim Colburn • Friday, June 15, 2018

The EIA’s This Week In Petroleum helps us put stock levels in perspective… Compared to 5 year averages we see that distillate stocks are tightest, crude stocks are in the middle of the range and gasoline stocks are at the upper part of the range:

And, based on stock levels, one might expect gasoline prices to be under distillate going into the driving season:

The chart is from Barchart.com….

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