The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a build of 1.3 million barrels in the week ending November 7, after analysts anticipated a 1.7 ...
A distillate is any liquid product that has been heated into a vapor and then condensed back into liquid form during the refining process. When raw crude oil is boiled inside a refinery’s distillation ...
US distillate inventories are expected to be lower in 2025 and 2026 due to a combination of reduced domestic production and increased exports. Refinery closures, including one in Houston and two in ...