The EIA Inventory report showed a suprise draw in crude stockpiles and in Gasoline with a large rise in Cushing inventories. Behind the storage noise is a shifting geopolitical risk matrix adding to uncertainty with Iran and Chinese trade tensions.
The EIA Inventory report showed a suprise draw in crude stockpiles and in Gasoline with a large rise in Cushing inventories. Behind the storage noise is a shifting geopolitical risk matrix adding to uncertainty with Iran and Chinese trade tensions.
Crude Oil Tanks at Cushing OK, Basis For the WTI Futures Contract.
DOE Weekly Petroleum Status Report: 3/28/18
- via TradersCommunity.com
- Release Time: Wednesday 4 April 2018 – 10:30 ET
| Actual | Expected | Prior EIA | API | |
| Crude | -4617k | +1700k | +1643 | -3280k |
| Cushing | +3666k | +2646k | +1804k | +4058k |
| Gasoline | -1116k | -1500k | -3472k | +1123k |
| Distillate | +537k | -500k | -2090k | +2200k |
Note in bbls *exp = Reuters poll est except Cushing
- Refinery Utilization -.7% v Exp -0.2%
- Production +27k to 10.460 mbd ( ATH) +14.3% y/y
Summary of Weekly Petroleum Data for the Week (Live Link)
US Petroleum Inventories Getting Tight? via Barclays Research
Criterion U.S. Crude Oil Production Forecast @Criterionrsch
EIA Inventory Forecast via @tankertrackers.com
“Cushing crude oil storage is currently down 45% year-on-year. Just look at all that red.”
The Fundamental Angle with Brynne Kelly @BrynneKKelly
The Fundamental Angle with Brynne Kelly @BrynneKKelly
DigStic Data @DigStic
RonH Data @Ronh999
US Oil Exports Are Decreasing From October Peak
US Oil Imports Week Over Week
US Oil Input Into Refineries Per Day
US consumers spent $1.0241 billion per day for gasoline last week. That is $98.1 million more dollars per day than same week last year.
US consumers bought 386.74 million gallons of gasoline per day last week
US Oil Field Production
US Oil Refinery Utilization
NB: Check out Ron’s great work at Ron H Public Tableau Link
WTI Oil Futures (CL) via @Lee_Saks
Ahead of API Feb WTI crude oil futures settled at U.S. crude at $
API via Marketwatch
** Note with the unreliability of the API numbers highlighted by its constant debacles we offer you the bare bones of that report.
REGULAR & HOLIDAY RELEASE SCHEDULE
Further Crude Oil Analysis Criterion Research
From TradersCommunity Research