Our TCOIL preview for this week’s EIA DOE Weekly Petroleum Status Report highlights the key variables to watch out for. Crude oil markets are watching products and production after earnings with the all important import export trade.
Our TCOIL preview for this week’s EIA DOE Weekly Petroleum Status Report highlights the key variables to watch out for. Crude oil markets are watching products and production after earnings with the all important import export trade.
DOE Weekly Petroleum Status Report: 11/10/17
- via TradersCommunity.com
- Release Time: Wednesday 15 November 2017 – 10:30 ET
| Actual | Expected | Prior EIA | API | |
| Crude | +1854k | -2900k | +2237k | +6513k |
| Cushing | -1803k | -1900k | +720k | -1803k |
| Gasoline | +894k | -100k | -3312k | +2399k |
| Distillate | -799k | -1800k | -3359k | -2527k |
Note in bbls *exp = Reuters poll est except Cushing
- Refinery Utilization +1.4% vs 0.85% estimate
- Production +0.025 mbpd to 9.645 mbpd +0.964 mbpd higher YOY
Summary of Weekly Petroleum Data for the Week (Live Link)
Criterion U.S. Crude Oil Production Forecast
Criterion Research @criterion_info
“This Week” inventory change in prior years:
EIA Prep via @DigStic
RonH@Ronh999 Refinery Runs
RonH@Ronh999 Cushing Stocks (Hub for WTI Futures Contract)
NB: Check out Ron’s great work at Ron H Public Tableau Link
WTI Oil Futures (CL) via @Lee_Saks
Ahead of API Dec WTI crude oil futures settle down
API via Marketwatch
API data reportedly show an unexpected jump in U.S. crude supplies
The American Petroleum Institute reported Tuesday that U.S. crude supplies climbed by 6.5 million barrels for the week ended Nov. 10, according to sources. The API data also showed a rise of 2.4 million barrels in gasoline stockpiles, while inventories of distillates fell by 2.5 million barrels, sources said. Supply data from the Energy Information Administration will be released Wednesday morning. Analysts polled by S&P Global Platts expect the EIA to report declines of 1 million barrels each for crude and gasoline inventories. They also forecast a fall of 2 million barrels distillate supplies. December crude CLZ7, -3.05% was at $55.08 a barrel in electronic trading, down from the settlement of $55.70 on the New York Mercantile Exchange.
** 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