Marshall Steeves Imports Quotations

Gasoline will continue to lead other energy contracts until Gulf-area refineries return and European imports start to arrive.

Gasoline demand is low enough and imports high enough to have another stock build.

There was a larger-than-expected draw in crude-oil stocks and imports fell, which was surprising given that ports had reopened. The size of the distillate draw wasn't spectacular but is disconcerting given that we are approaching the heating season.