US gasoline, distillate stocks plunge as winter storm drives USGC runs to all-time lows

摘要

US refined product inventories moved sharply lower in the week endedFeb. 26 as US Gulf Coast refinery runs remained stunted in the wake ofsevere winter weather earlier in the month, US Energy InformationAdministration showed March 3.US gasoline inventories plunged 13.62 million barrels to 243.47million barrels last week, EIA data showed. It was the largest-ever oneweekdraw reported by EIA in records dating back to January 1992 andput inventories nearly 4% behind the five-year average.