Oil prices continued to rise after a tighter EIA Inventory report, prices have had a bid since President Trump ousted Secretary of State Rex Tillerson with a shifting geopolitical risk matrix adding to uncertainty with Iran.
Oil prices continued to rise after a tighter EIA Inventory report, prices have had a bid since President Trump ousted Secretary of State Rex Tillerson with a shifting geopolitical risk matrix adding to uncertainty with Iran.
Crude Oil Tanks at Cushing OK, Basis For the WTI Futures Contract.
DOE Weekly Petroleum Status Report: 3/14/18
- via TradersCommunity.com
- Release Time: Wedneday 21 March 2018 – 10:30 ET
Actual | Expected | Prior EIA | API | |
Crude | -2622k | +3200k | +5022k | -2739k |
Cushing | +905k | +722k | +338k | 1644k |
Gasoline | -1693k | -2000k | -6271k | -1063k |
Distillate | -2022k | -1700k | -4360k | -1926k |
Note in bbls *exp = Reuters poll est except Cushing
- Refinery Utilization +1.7% v Exp -0.2%
- Production +0.3% to 10.407mbd ( ATH) +14% y/y
Summary of Weekly Petroleum Data for the Week (Live Link)
US Petroleum Inventories Getting Tight? via Barclays Research
Criterion U.S. Crude Oil Production Forecast @Criterionrsch
EIA Inventory Forecast via @tankertrackers.com
“Cushing crude oil storage is currently down 45% year-on-year. Just look at all that red.”
The Fundamental Angle with Brynne Kelly @BrynneKKelly
DigStic Data @DigStic
RonH Data @Ronh999
US Oil Exports Are Decreasing From October Peak
US Oil Imports Per Day
US Oil Input Into Refineries Per Day
US consumers spent $391.61 million more dollars per day than same week last year
US Oil Field Production
US Oil Refinery Utilization
NB: Check out Ron’s great work at Ron H Public Tableau Link
WTI Oil Futures (CL) via @Lee_Saks
Ahead of API Feb WTI crude oil futures settled at U.S. crude at $
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.
REGULAR & HOLIDAY RELEASE SCHEDULE
Further Crude Oil Analysis Criterion Research
From TradersCommunity Research