US Energy Information Administration data show a sharp build in US gasoline inventories for the 9 October period. Gasoline stocks rose by 3.518M, up from a prior increase of 0.382M, signalling a faster pace of stock accumulation over the latest reporting window.
Accelerating Stock Accumulation
The move marks a swing of 3.136M versus the previous reading, with the latest figure pointing to looser balances in refined product storage. The EIA release places the build at 3.518M for the week, compared with 0.382M in the preceding period.
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