US gasoline stocks likely added 3.7 million barrels last week Gasoline demand slows but stronger cracks incentivize production Brent climbs as Middle East tensions rise Refined product futures settled lower Monday as expectations of large builds in US inventories weighed on prices. NYMEX January RBOB settled down 1.90 cents at $1.7283/gal and January ULSD moved 90 points lower on the day to settle at $2.0406/gal. Total US gasoline stocks are expected to have added 3.7 million barrels during the week ended December 27, according to analysts surveyed by S&P Global Platts Monday. The build would mark the eighth straight of rising gasoline stocks and put gasoline inventories around 4.8% above the five-year average of EIA data, in from 5.4% the week prior. While total refined product demand has been very strong in recent weeks, […]