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Cushing Oil StorageDOE Weekly Petroleum Status Report: 8/9/17
Release Time: Wednesday 16 August 2017 - 10:30 ET

  Actual Expected Prior EIA API
Crude  -8945k  -3100k -6451k  -9155
Cushing  +678k  +648k +569k  +1711k
Gasoline  +45k  -1100k +3424k  +301k
Distillate +702k

 -600k

-1729k  -2074k

Note in bbls *exp = Reuters poll est except Cushing  

Refinery Utilization -.2% to 96.1%

Production +79 to 9,502 Mb/d

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

DOE Estimates via @EnergyBasis

Crude Production - Oil Rigs - Crude Futures 

Total US RigCount 

Current US Oil & NatGas RigCount

EIA Prep via @DigStic

 

 Refinery Runs

US oil refineries at 96.3% utilization. Highest of 2017 

US oil input to refineries last week was highest of 2017 

 

NB: Check out Ron's great work at Ron H Public Tableau Link

WTI Oil Futures (CL) via‏ @Lee_Saks

Ahead of API WTI crude oil futures settle at $47.55/bbl. -$0.04. -0.08%. _U7 

 

API via Marketwatch 
By Myra P. Saefong @MktwSaefong

Oil climbs as sources say API data show U.S. crude supply down more than 9 million barrels

Oil prices climbed late Tuesday after the American Petroleum Institute reported that U.S. crude supplies dropped 9.2 million barrels for the week ended Aug. 11, according to sources. The API data also showed a rise of 301,000 barrels in gasoline supplies, while inventories of distillates were down 2.1 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 a decline of 3.6 million barrels in crude inventories. September crude CLU7, +0.29% was at $47.80 a barrel in electronic trading, up from the contract’s settlement of $47.55 on the New York Mercantile Exchange.

http://www.marketwatch.com/story/oil-climbs-as-sources-say-api-data-show-us-crude-supply-down-more-than-9-million-barrels-2017-08-15?mod=MW_story_latest_news

** 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 #OOTTNews

From TradersCommunity Research

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