Seasonal swings in U.S. distillate inventories lower as consumption patterns change

Changes in demand trends have significantly reduced the patterns of seasonality in U.S. distillate markets. Historically, distillate use in the United States was highly seasonal because of its use as a home heating fuel. However, over the past three decades, its use as a heating fuel has decreased, distallate fuel exports have increased, and its non-seasonal use as a transportation fuel has become the major demand component.

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