U.S. inventories of crude oil and the most used refined oil products have now fallen to below the 2018 levels, energy research service HFI Research has pointed out. U.S. stockpiles of the so-called big 4—crude oil, gasoline, distillate, and jet fuel—are combined, below 2018 levels now, according to data compiled by HFI Research. Low stocks of crude and fuels are a key reason why gasoline prices are not falling after the busiest driving season ended. Source: HFI Research In the latest weekly inventory report, the EIA estimated on Wednesday…
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