Numbers continue to show how diesel inventories are rapidly declining in the U.S. and around the world, including a relationship that most oil traders will tell you is far more indicative of what’s being held in storage than various weekly or monthly reports.
Although the weekly Energy Information Administration inventory report over the past two weeks has shown a build in U.S. diesel inventories after weeks of declines, it is the forward price curve as well as the size of the market...
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