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Cushing Oil StorageDOE Weekly Petroleum Status Report: 10/11/17
Release Time: Wednesday 18 October 2017 - 10:30 ET 

  Actual Expected Prior EIA API
Crude -5731k  -4742k -2747k -7130k
Cushing  +202k  -145k +1322k  -151k
Gasoline +908k
 -1000k +2490k +1941k
Distillate +528k

 -2400k

-1480k +1644k

Note in bbls *exp = Reuters poll est except Cushing  

Refinery Utilization -4.7% vs +0.5% expected

Production  -1.074kbpd Prior -81kbpd on Nate (less than expected)

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

 

"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 at $51.88/bbl. $0.01. +0.02%. CL X7 volume: ~407k

 API via Marketwatch 

By Myra P. Saefong @MktwSaefong

Oil prices rise as API data reportedly shows a hefty decline in U.S. crude supply

The American Petroleum Institute reported Tuesday that U.S. crude supplies dropped by 7.1 million barrels for the week ended Oct. 13, according to sources. The API data, however, also showed that gasoline stockpiles rose by 1.9 million barrels, while inventories of distillates climbed by 1.6 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 drop of 3.9 barrels in crude inventories, along with declines of 340,000 barrels for gasoline and 2 million barrels for distillate supplies. November crude CLX7, +0.13% was at $52.02 a barrel in electronic trading, up from the settlement of $51.88 on the New York Mercantile Exchange

http://www.marketwatch.com/story/oil-prices-rise-as-api-data-reportedly-shows-a-hefty-decline-in-us-crude-supply-2017-10-17?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

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