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This Article is From Oct 06, 2016

East Coast Fuel Stocks Rebound Just in Time for Hurricane: Chart

East Coast Fuel Stocks Rebound Just in Time for Hurricane: Chart

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(Bloomberg) -- As Hurricane Matthew approaches the U.S. East Coast, threatening to delay petroleum shipments by four days, the fuel market may need to rely largely on existing gasoline stockpiles. The inventories for the Lower Atlantic region have rebounded just in time. The supplies jumped 15 percent in two weeks to 25.13 million barrels at the end of last month, after slumping to their lowest since November 2014 because of the Colonial Pipeline shutdown earlier in September.

To contact the reporter on this story: Sony Kassam in New York at skassam5@bloomberg.net. To contact the editors responsible for this story: David Marino at dmarino4@bloomberg.net, Carlos Caminada, Will Wade

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