The oil market is preparing itself for even more losses as gas inventories are " not declining as expected " . The forthcoming end of the summer driving season in the US marks the point when gas inventories " will be expected to explode " . The oil market is further affected by annual rises in gas inventories . PBF Energy , Valero , HollyFrontier and Phillips 66 , are among the companies who have experienced falls .
The oil market is bracing itself for even more turbulence as gasoline inventories are "not declining as expected". The forthcoming end of the summer driving season in the US marks the point when gas inventories "could be set to explode". The oil market is further worried by annual rises in gas inventories. PBF Energy, Valero, HollyFrontier and Phillips 66, are among the companies who have experienced falls.