Oil was lower today in a choppy session as a massive build in gasoline and distillate stocks sent prices downward. Gasoline stocks rose by 10.9 MM/bbls, the highest weekly rise in 30 years. Distillate stocks rose 10.1 M/bbls. Todays EIA report also showed low fuel demand. “The key Northeast region is still indicating relatively mild temperatures well into the 3rd week of this month in likely limiting diesel gains,” said Jim Ritterbusch, president of Ritterbusch and Associates LLC in Galena, Illinois. Todays fuel build overshadowed the draw in crude inventories of 5.5MM/bbls. WTI traded down $.51 or -.7% to close at $72.19. Brent traded down $.66 or -.8% to close at $77.59.