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To: IQBAL LATIF who wrote (39750)5/23/2001 9:55:54 AM
From: IQBAL LATIF  Respond to of 50167
 
The latest inventory data released by the API and the EIA are neutral for gasoline overall, but bullish for reformulated gasoline. The data are neutral for distillate stocks and moderately bearish for crude oil. Strong imports of crude oil have helped build stocks despite increased refinery utilization. A substantial draw in reformulated gasoline increases the likelihood of price spikes.