By continuing to use this website, you agree to our use of cookies. 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 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 .