U.S. gasoline inventories jumped to a record high in the most recent week even as refiners cut back activity, the Energy Information Administration said on Thursday, while crude stocks rose sharply. Gasoline stocks rose for an eighth consecutive week, by 4.1 million barrels to a record 259.6 million barrels, compared with analysts’ expectations in a Reuters poll for a 2.7 million-barrel gain. Crude inventories rose by 8 million barrels in the week to Jan. 18, compared with analysts’ expectations for a decline of 42,000 barrels. Refining output pulled back in the most recent week after a period where refineries have been running at high capacity to meet seasonal needs for diesel and […]