EIA Oil Inventories 856k Crude Build +908k Gasoline -5465k Draw

Our TCOIL preview for this week’s EIA DOE Weekly Petroleum Status Report highlights the key variables to watch out for. Crude oil markets are watching for products and production after the hurricanes with the all important import export trade.

Cushing Oil StorageDOE Weekly Petroleum Status Report: 10/18/17
Release Time: Wednesday 25 October 2017 – 10:30 ET 

 ActualExpectedPrior EIAAPI
Crude+856k -2500k-5731k+519k
Cushing -237k -145k+202k -055k
Gasoline-5465k
 -1500k+908k-5753k
Distillate-.5246k

 -1900k

+528k-4949k

Note in bbls *exp = Reuters poll est except Cushing  

Refinery Utilization +3.3% to 87.8 Prior  4.7% vs +0.5% expected

Production +1.101 mbpd to 9.507 mbpd to 1.003 mbpd higher YOY Prior -1.074kbpd Prior -81kbpd on Nate (less than expected)

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

Criterion U.S. Crude Oil Production Forecast

Criterion Research @criterion_info 

US Crude Production

 

“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 $$52.47 +$0.57. +1.10%

 API via Marketwatch 

By Myra P. Saefong @MktwSaefong

** 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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