US fuel stocks and refining pressures
US gasoline stockpiles fell to 204 million barrels, their lowest level in 12 years. A subsequent report characterised the oil-price shock as a refining crisis rather than a crude-supply crisis.
Timeline
Thursday, 1 October
- The latest oil-price shock rippling through the economy is a refining crisis — not a crude crisis
The latest oil-price shock is described as a refining crisis, not a crude crisis
Wednesday, 30 September
- US fuel supplies hit 12-year low as global refining crisis rages on
US gasoline stockpiles fell to 204 million barrels last week, a 12-year low
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