Here are the stock levels for crude oil, distillates and gasoline outright and as “days supply” from the EIA’s This Week in Petroleum:
Crude oil is almost within a bloated 5 year range:
Dare we say that gasoline stocks are looking tighter? Days supply, though, is still close to last year…
Distillate looks a bit more in balance from a days supply perspective, as compared to last year..
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