EIA reported a small build in crude oil with huge builds in gasoline and distillates. Cushing inventories showed a build. Production at 11.7 mbpd ATH. Crude oil futures volatilty continued with market uncertainty with OPEC & Trade War concerns.
EIA reported a small build in crude oil with big builds in gasoline and distillates. Cushing inventories showed a build. Production at 11.7 mbpd ATH. Crude oil futures volatilty continued with market uncertainty with OPEC & Trade War concerns
Crude Oil Tanks at Cushing OK, Basis For the WTI Futures Contract.
DOE Weekly Petroleum Status Report: 12/27/18
- via TradersCommunity.com
- Release Time: Friday 4 January 2018 – 11:00 ET
| EIA | Expected | Prior EIA | API | |
| Crude | +007k | -3100k | -46k | -4457k |
| Cushing | +641k | +440k | +799k | +483k |
| Gasoline | +6890k | +2000k | +3003k | +7995k |
| Distillate | +9529k | +1600k | +002k | +3955k |
Note in bbls *exp = Reuters poll est except Cushing
- Refinery Utilization +2.1% 97.2% Exp +0.3%
- Production UNCH 11.70k bd ATH (+20% y/y)
Summary of Weekly Petroleum Data for the Week (Live Link)
US Crude Oil Prices and Recessions
Via John Kemp @JKempEnergy
WTI Crude Oil Futures Weekly Chart Outlook via @KnovaWave
DigStic Range Data @DigStic – Where are the key option, break points?
WTI Crude Oil Futures Committment of Traders
Read Understanding Commitments of Traders Reports – COT, TFF and DCOT to help understand the disaggregated reports (DCOT) and how they break down the reportable open interest positions into four classifications: 1. Producer/Merchant/Processor/User 2. Swap Dealers 3. Managed Money 4. Other Reportables
The Fundamental Angle with Brynne Kelly @BrynneKKelly
DigStic Data @DigStic
RonH Data @Ronh999
US Oil Exports off 2018 (ATH) high.
US Oil Imports Week Over Week
US Oil Input Into Refineries Per Day
US consumers spent $820.7 billion per day for gasoline last week. That is -$94.8 million more dollars per day than same week last year.
US gasoline avg retail price was $2.266 per gallon, -25.4 cents less per gallon YoY.
US consumers bought 362.17 million gallons of gasoline per day last week.
US Oil Field Production ATH of 11.7 mbpd
US Oil Refinery Utilization
Cushing Oil Stocks
NB: Check out Ron’s great work at Ron H Public Tableau Link
** Note with the unreliability of the API numbers highlighted by its constant debacles we offer you the bare bones of that report.
Key EIA and CME Dates For WTI Crude Oil
CME Crude Oil Futures Calendar
CME Crude Oil Options Calendar
REGULAR & HOLIDAY RELEASE SCHEDULE
Further Crude Oil Analysis Criterion Research
From TradersCommunity Research