No doubt, the ongoing economic recovery has worked favorably for some bigger banks that have shown clear signs of stabilization. But many smaller banks are still tottering on the edge of disaster.
Supplies of gasoline increased for the second successive week on the back of production increase even as demand edged up and imports plunged. The 119,000 barrel-build – lower than projections – took gasoline stockpiles up to 205.94 million barrels. Current inventory levels are 7.2% below the year-earlier levels and are in the lower half of the average range.