Low Levels of Distillate Stocks Could Generate Price Spikes

Distillate stocks are at the lower end of the average range, and while gulf coast distillate stocks and mid-west stocks are at the same levels they were last year, east coast stocks are below last years levels and well below levels seen in 2016.  Refiners are currently on maintenance, ahead of the heating season which is causing draws in product stocks like distillates and builds in crude oil…