1. Lackluster demand this winter allowed inventories of heating oil and other distillate fuels to rebound from a deficit to levels last year, when a frigid winter drained supplies. 2. Stocks have yet to recover from levels last year, when a cold winter drained reserves. 3. The forecast came as inventories of heating oil remained close to levels a year ago, according to the American Petroleum Institute, when a cold winter drained stocks. 4. The unseasonably warm temperatures are keeping demand lower than last year, when a frigid winter drained reserves. 5. The unseasonably warm weather is keeping demand lower than a year ago, when a frigid winter drained reserves. |