
A pump jack operates near a crude oil reserve in the Permian Basin oil field near Midland, Texas, on Feb. 18, 2025. Eli Hartman/Reuters
U.S. total distillate inventories are forecast to end 2025 and 2026 at multiyear lows, according to a new report by the Energy Information Administration (EIA) released on Sept. 24.
Distillates are a category of refined petroleum products consisting of heating oil, diesel fuel, jet fuel, and kerosene.