Tag: Crack spready

Oil crude supply drops as gasoline over-supply continues – Platts

Oil crude supply drops as gasoline over-supply continues – Platts

At nearly 153 million barrels, US distillate stocks are nearly 15% above 5-year average US gasoline oversupply showing few signs of balancing before the end of the summer, expectations that stocks actually fell last week could help keep the oil complex buoyed in the mid-$40/b range, according to preview of the US Energy Information Administration data […]