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.
DOE Weekly Petroleum Status Report: 10/18/17
Release Time: Wednesday 25 October 2017 – 10:30 ET
| Actual | Expected | Prior EIA | API | |
| 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
“This Week” inventory change in prior years:
EIA Prep via @DigStic
RonH@Ronh999 Refinery Runs
RonH@Ronh999 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