US refined product inventories climbed in the week ended Nov. 27 as the pandemic blunted demand during the typically travel-heavy US Thanksgiving Day holiday weekend. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Total US gasoline inventories climbed 3.49 million barrels to 233.64 million barrels, while distillate stocks moved 3.24 million barrels higher to 145.87 million barrels. While gasoline inventories typically climb in late-November, last week’s build was the largest weekly uptick since early April, when state and local governments were ramping up pandemic lockdowns. The build pushed stocks 4.4% above the five-year average, opening the widest surplus since the week ended Aug. 21. Total product supplied, EIA’s proxy for demand, averaged at 18.47 million b/d last week, down 3.6% from the week prior […]