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Warmer weather keeps US demand for distillate fuel low in January

from U.S. Energy Information Administration

U.S. demand for distillate fuels, which includes heating oil, was low in January as warmer-thannormal temperatures for the month caused households to turn down the heat. In its new monthly forecast, the U.S. Energy Information Administration said distillate consumption averaged 3.8 million barrels per day during January virtually the same as a year earlier and the third lowest demand level for January since 2001. more

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