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Time to Pay Attention to What Oil Dudes Call ‘Other’: Chart

Time to Pay Attention to What Oil Dudes Call ‘Other’: Chart

Time to Pay Attention to What Oil Dudes Call ‘Other’: Chart
An asbestos warning sigh is displayed on pipes that run in and out of the heat recovery steam generator at the American Electric Power (AEP) Appalachian Power Co. (Photographer: Ty Wright/Bloomberg)
Time to Pay Attention to What Oil Dudes Call ‘Other’: Chart

(Bloomberg) -- The U.S. Energy Information Administration reported another overall expansion in oil stockpiles in the week to Aug. 5. The culprit: Crude oil? Gasoline? Diesel? Not this time: all the big growth was in the category called ‘other’. While total oil and product inventories grew by 2.5 million barrels, those in the ‘other’ grouping -- stuff like vacuum gasoil, natural gas liquids and blending components -- expanded by 3.6 million barrels to a record.

--With assistance from David Marino To contact the reporter on this story: Alaric Nightingale in London at anightingal1@bloomberg.net. To contact the editors responsible for this story: Alaric Nightingale at anightingal1@bloomberg.net, Rachel Graham, Fred Pals