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EIA Inventory report showed larger draws in crude oil, gasoline and distillates this week after API had showed builds the prior evening, data confusion. Production rose again as oil rigs continue to rise. 

Cushing Storage Tanks

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

DOE Weekly Petroleum Status Report: 6/6/18

  • via TradersCommunity.com
  • Release Time: Wednesday 12 june 2018 - 10:30 ET 
  Actual Expected Prior EIA API
Crude -4143k -2700k -+2072k +800k
Cushing -687  -664k -955k -730k


-+400k +4603k +2330k
Distillate -2101k


+2165k -+2100k

Note in bbls *exp = Reuters poll est except Cushing  

  • Refinery Utilization  +.3% to 95.7% Exp +0.8% 
  • Production  +10kbd to 10.900 mbd ( ATH) +15.5% y/y

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

US Petroleum Inventories Getting Tight? via Barclays Research

US Total Petrol Inventories March 2018Cushing March 2018

Criterion U.S. Crude Oil Production Forecast ‏@Criterionrsch


WTI and Brent Crude Oil Futures Committment of Traders

CL COT 5 14 18

EIA Inventory Forecast via @tankertrackers.com

Here is a great shot of Cushing crude oil storage when it was down 45% year-on-year with the red tanks highlighting the empties


The Fundamental Angle with Brynne Kelly ‏@BrynneKKelly



DigStic Data @DigStic



RonH Data ‏@Ronh999


US Oil Exports 

US Oil Imports Week Over Week 


US Oil Input Into Refineries Per Day


US consumers spent $1.20 billion per day for gasoline last week. That is $286.7 million more dollars per day than same week last year. 

US gasoline avg retail price was $2.911 per gallon. That is 54.5 cents more per gallon YoY.

US consumers bought 414.92.99 million gallons of gasoline per day last week. 


US Oil Field Production, Another Record High


 US Oil Refinery Utilization


Cushing Oil Stocks


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

Ahead of API July WTI crude oil futures settled at $66.36/bbl. $0.26. +0.39% via‏ @Lee_Saks

API via Marketwatch

 ** Note with the unreliability of the API numbers highlighted by its constant debacles we offer you the bare bones of that report.

Key EIA and CME Dates For WTI Crude Oil

CME Crude Oil Futures Calendar

CME Crude Oil Options Calendar


Further Crude Oil Analysis Criterion Research

From TradersCommunity Research

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