Oil & Energy

Google Ad

EIA reported crude oil storage build of 919k bbls and another build in gasoline of 2235k bbls last week. Cushing inventories had a small draw with production remaining at 11.9 mbpd ATH. 

Cushing Storage Tanks

Crude Oil Tanks at Cushing OK, Basis For the WTI Futures Contract.

DOE Weekly Petroleum Status Report: 1/22/19

  • via TradersCommunity.com
  • Release Time: Wednesday 30 January 2018 - 10:30 ET 
EIA Expected Prior EIA API
Crude +919k  +3200k -+7970k +2098k
 Cushing -145k -246k -190k -682k
Gasoline

+2235k

+1900k +4050k +2150k
Distillate -1122k

-1400k

-617k +211k

Note in bbls *exp = Reuters poll est except Cushing  

  • Refinery Utilization -2.8%  90.1% Exp +0.3%
  • Production Prior UNCH11.90k bd ATH (+22% y/y)

 Summary of Weekly Petroleum Data for the Week (Live Link) 

 

WTI Crude Oil Futures Weekly Chart Outlook via @KnovaWave

MW WTI D 1 25 19

MW WTI W 1 25 19

Crude Oil Futures Committment of Traders

Latest ICE Open Interest Data: 3rd weekly consecutive increase for Brent and Gasoil. A sharp drop in short positions, leading to net length increase of +30K contracts for Brent and +6K contracts for Gasoil. Brent spec length is now at a 2 month high at 202K contracts Via OILytics ‏ @OilyticsData

 

With the Government Shutdown these reports have not been available from the CFTC however ICE does have it's weekly reports.

 

 

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 $906.2 billion per day for gasoline last week. That is -$84.1 million less dollars per day than same week last year.  

US gasoline avg retail price was $2.256 per gallon, -35.1 cents less per gallon YoY.  

US consumers bought 401.69 million gallons of gasoline per day last week.

US Oil Field Production ATH of 11.9 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.

US Crude Oil Prices and Recessions

 

Via John Kemp @JKempEnergy 

Key EIA and CME Dates For WTI Crude Oil

CME Crude Oil Futures Calendar

CME Crude Oil Options Calendar

REGULAR & HOLIDAY RELEASE SCHEDULE

From TradersCommunity Research

Log in to comment
Discuss this article in the forums (2 replies).