ending september . additionally, distillate stocks dropped by mmbbl, and gasoline dropped . mmb. that explains wednesday, when we saw crude jump up to settle at $ (tuesday's close was $ ), ulsd jumped to $ , and rbob jumped to $ (it could have been worse - intraday highs were over up on diesel and up on gas...
mmb but eia data indicated an astounding build of . mmb which sent rbob tumbling, especially as it comes on the heels of last weeks . mmb build. on top of product builds, gasoline consumption is down a little over % compared to this time last year, which is also weighing on rbob. at the close today, gas...
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