US gasoline stocks up 6.5M barrels last week, crude down a third of that

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US gasoline stocks up 6.5M barrels last week, crude down a third of that - EIA

jumped almost 6.5 million barrels last week, the biggest build in nearly two years, a government report showed on Wednesday, as refiners optimized processing to capitalize on still-good profit margins despite waning seasonal demand for fuels., meanwhile, fell by just a third during the week ended Sept 29 amid the first rise in two months at the nation’s premier storage hub for crude, according to the Weekly Petroleum Status Report of the U.S. Energy Information Administration, or EIA.

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