The U.S. supply of distillates, which includes diesel and heating oil, totaled 106.8 million barrels for the week ending October 28. That’s nearly 20 percent below the five-year average and the lowest on record for this time of the year. “These really high summer prices limited the ability to accumulate inventories, and now we’re coming into the winter months hoping it’s not going to be a cold winter,” said Altin Kalo, chief economist, Steiner Consulting.
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