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U.S. gasoline inventories increased by 800,000 barrels last week to 207.7 million barrels, keeping stocks about 5% below the five-year average, according to the EIA. While retail gasoline prices have climbed — AAA reported an average $4.44 per gallon — diesel is tighter: distillate stocks remain roughly 13% under the five-year average and wholesale and retail diesel prices have hit record highs.
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