Highlights Gasoline stocks fall 11.87 million barrels USAC stocks hit 15-week low Crude stocks surge 13.8 million barrels US gasoline inventories moved sharply lower for a second week in the week ended March 5, Energy Information Administration data showed March 10, as rising demand stressed winter-storm blunted production. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Total US gasoline stocks fell 11.87 million barrels last week to 231.6 million barrels, driving inventories more than 6% behind the five-year average. Gasoline stocks tightened in all regions, but the draw was concentrated on the high-demand US Atlantic Coast, where stocks retreated 7.49 million barrels to 63.69 million barrels. The draw pushed USAC stocks 2.5% below the five-year average, eliminating a surplus that had persisted since late January. US Gulf Coast inventories moved 3.66 million barrels lower to 76.19 million barrels, falling more than 8% behind average. The […]

Posted in: USA