Energy

Energy Agency Forecasts Multiyear Low for US Distillate Inventories by Year-End

A new Dallas Fed survey also suggests U.S. oil and gas sector is struggling.
Energy Agency Forecasts Multiyear Low for US Distillate Inventories by Year-End
A pump jack operates near a crude oil reserve in the Permian Basin oil field near Midland, Texas, on Feb. 18, 2025. Eli Hartman/Reuters
Andrew Moran
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U.S. total distillate inventories are forecast to end 2025 and 2026 at multiyear lows, according to a new report by the Energy Information Administration (EIA) released on Sept. 24.

Distillates are a category of refined petroleum products consisting of heating oil, diesel fuel, jet fuel, and kerosene.

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."