Highlights Gasoline stocks climb 7.05 million barrels Implied gasoline demand hits 12-week low Crude stocks fall 5.24 million barrels US refined product inventories were sharply higher in the week ended June 4, US Energy Information Administration data showed June 9, as strengthened refinery runs were met by tepid demand. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Total gasoline inventories climbed 7.05 million barrels in the week ended June 4 to 241.03 million barrels, EIA data showed, narrowing the deficit to the five-year average to 0.4% from more than 3% the week prior. It was the largest one-week build in gasoline stocks since the week ended April 3, 2020, when the nation faced widespread pandemic lockdowns. Distillate stocks were also sharply higher, climbing 4.41 million barrels to 137.21 million barrels. NYMEX July RBOB settled down 1.65 cents at $2.2025/gal and July ULSD finished 55 points […]