US distillate stockpiles reach lowest level since January 2009

07 March 2012 23:28  [Source: ICIS news]

HOUSTON (ICIS)--US distillate inventories dropped to their lowest level in more than three years for the week of 2 March, a weekly federal report said on Wednesday.

Distillate inventories were reported at 139.5m bbl, a drop of 1.9m bbl from the previous week, the US Energy Information Administration (EIA) report said.

The last time stockpiles were below 139.5m bbl was the week of 2 January 2009, when the EIA reported inventories at 137.8m bbl.

By: Sheena Martin
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