Oil & Energy

Google Ad

Cushing Oil StorageDOE Weekly Petroleum Status Report: 10/4/17
Release Time: Thursday 12 October 2017 - 10:30 ET

API and EIA are both delayed a day this week due to Columbus Day

  Actual Expected Prior EIA API
Crude -2747k  -180k -6023k +3097k
Cushing  +1322k  +1298k +1525k  +1216k
Gasoline +2490k
 -1000k +1644k -1575k
Distillate -1480k

 -2400k

-2606k +2029k

Note in bbls *exp = Reuters poll est except Cushing  

Refinery Utilization +1.1% vs -0.25% expected

Production -81kbpd on Nate (less than expected)

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

DOE Estimates via TankerTrackers.com @tankertrackers

 

 

"This Week" inventory change in prior years:

EIA Prep via @DigStic

  Refinery Runs

 

  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 WTI crude oil futures settle  

 

 API via Marketwatch 

By Myra P. Saefong @MktwSaefong

API data show a weekly climb in U.S. crude supply, sources say

The American Petroleum Institute reported Wednesday that U.S. crude supplies rose by 3.1 million barrels for the week ended Oct. 6, according to sources. The API data also showed that gasoline stockpiles declined by 1.6 million barrels, but inventories of distillates rose by 2 million barrels, sources said. Supply data from the Energy Information Administration will be released Thursday morning, a day later than usual because of the Columbus Day holiday. Analysts polled by S&P Global Platts expect the EIA to report a fall of 400,000 barrels in crude inventories, along with declines of 1.4 million barrels for gasoline and 1.64 million barrels for distillate supplies. November crude CLX7, -0.51% was at $51.03 a barrel in electronic trading, down from the settlement of $51.30 on the New York Mercantile Exchange.

http://www.marketwatch.com/story/api-data-show-a-weekly-climb-in-us-crude-supply-sources-say-2017-10-11?mod=mw_share_twitter 

** 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

Log in to comment
Discuss this article in the forums (1 replies).