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US Distillate Inventories Help Diesel and Crude Oil Prices

Gordon Kristopher
US Distillate Inventories Help Diesel and Crude Oil Prices

According to the EIA, US distillate inventories decreased by 2.6 MMbbls (million barrels) to 122.7 MMbbls on April 13–20. The inventories also declined by 28.1 MMbbls or 18.6% YoY (year-over-year).