Reply To: Cautious Investor — Market Weekly

#98313
Truman
Participant

US petroleum inventories (crude, SPR, refined products) rose by 6.501mb w/w 17-Jul to 1,533.850mb via EIA

Crude Oil +2.010M (est -1.950M; Prev -1.692M)
Cushing: -0.674M (Prev +0.430M)
Distillate: +1.395M (est +0.825M; Prev +4.556M)
Gasoline: +0.765M (est -1.905M; Prev -1.533M)
Production: 13.798MMbpd
Refinery: -0.10% to 96.1% (est -0.33%; Prev +0.40%)
Total exports: 10.287MMbpd

US crude imports by origin in kbpd
incl w/w changes

Canada -238 to 3,635
Mexico +38 to 480
Venezuela +13 to 688
Brazil +178 to 242
Colombia +41 to 141
Ecuador +23 to 103
Libya -70 to 8
Saudi Arabia, Iraq, Nigeria unchanged at 0

US implied oil demand (product supplied) rose by 1.042mbpd w/w to 20.519mbpd last week
w/w in kpbd
gasoline +103
jet fuel +386
distillate +562
residual fuel oil +22
propane/propylene -37
other oils +4