2018 has seen record length in equity and commodity markets as the US dollar continues its slide. Oil spec positions continue to build in record length v commercial shorts ahead of this weeks EIA Inventory report.
2018 has seen record length in equity and commodity markets as the US dollar continues its slide. Oil spec positions continue to build in record length v commercial shorts ahead of this weeks EIA Inventory report.
Crude Oil Tanks at Cushing OK, Basis For the WTI Futures Contract.
DOE Weekly Petroleum Status Report: 1/10/18
- via TradersCommunity.com
- Release Time: Thursday 18 January 2018 – 11:00 ET
Actual | Expected | Prior EIA | API | |
Crude | -6861k | -3600k | -4948k | -5121k |
Cushing | -4184k | -4130k | -2395k | -3936k |
Gasoline | +3620k | +3600k | +4135k | +1782k |
Distillate | -3887k | -800k | +4254K | +609k |
Note in bbls *exp = Reuters poll est except Cushing
- Refinery Utilization Prior +1.4% Prior +1.0%
- Production Prior +258kbpd w/w to 9.492 mbpd (Near Prev ATH) +11.3% y/y
Summary of Weekly Petroleum Data for the Week (Live Link)
Criterion U.S. Crude Oil Production Forecast
Criterion Research @criterion_info
EIA Inventory Forecast via @tankertrackers.com
“This Week” inventory change in prior years:
Chad Stickforth Data @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 Feb WTI crude oil futures settled at U.S. crude at $63.97 +$0.24 +.38%
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