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News Date
PS - The Week in Crude Oil Markets - October 21, 2019
US crude oil inventories posted a substantial increase of 9.3 MMbbl for the week that ended Oct. 11, according to last week’s report from the Energy Information Administration. Gasoline inventories decreased 2.6 MMbbl, and distillate inventories decreased 3.8 MMbbl. Total petroleum inventories posted a decline of 1.6 MMbbl. US crude oil production was unchanged from the previous week, while crude oil imports were up 700,000 bbl/d to an average of 6.3 MMbbl/d. WTI spent the early portion...
Oct 21, 2019
QP - The Week in Crude Oil Markets - October 14, 2019
US crude oil inventories posted an increase of 2.9 MMbbl for the week that ended Oct. 4, according to last week’s report from the Energy Information Administration. Gasoline decreased 1.2 MMbbl, and distillate inventories decreased 3.9 MMbbl. Total petroleum inventories posted a decline of 8.3 MMbbl. US crude oil production increased 0.2 MMbbl, while crude oil imports were down 0.67 MMbbl/d, to an average of 6.2 MMbbl/d. Crude spent the beginning of the week drifting lower, but closing...
Oct 14, 2019
QP - The Week in Crude Oil Markets - October 7, 2019
US crude oil inventories posted an increase of 3.1 MMbbl for the week that ended Sept. 27, according to last week’s report from the Energy Information Administration. Gasoline and distillate inventories decreased 0.2 MMbbl and 2.4 MMbbl, respectively. Total petroleum inventories decreased 0.9 MMbbl. US crude oil production decreased 100,000 bbl/d, while crude oil imports were down 0.9 MMbbl/d to 6.3 MMbbl/d. Crude spent most of the week in decline before finding some support from...
Oct 07, 2019
QP - The Week in Crude Oil Markets - September 30, 2019
US crude oil inventories posted an increase of 2.4 MMbbl for the week that ended Sept. 20, according to last week’s report from the Energy Information Administration. Gasoline inventories increased 0.5 MMbbl, while distillate inventories decreased 3.0 MMbbl. Total petroleum inventories posted an increase of 0.7 MMbbl. US crude oil production increased 100,000 bbl/d, while crude oil imports were down 0.7 MMbbl/d to 6.4 MMbbl/d. WTI flat price spent the past week doing much the same thing...
Sep 30, 2019
QP - The Week in Crude Oil Markets - September 23, 2019
US crude oil inventories posted an increase of 1.1 MMbbl for the week that ended Sept. 20, according to last week’s report from the Energy Information Administration. Gasoline inventories increased 0.8 MMbbl, while distillate inventories increased 0.4 MMbbl. Total petroleum inventories posted an increase of 0.9 MMbbl. US crude oil production was flat week over week, while crude oil imports were up 0.3 MMbbl/d to 7.1 MMbbl/d. WTI opened last week with a large gap between the previous...
Sep 23, 2019
QP - The Week in Crude Oil Markets - September 16, 2019
US crude oil inventories posted a decrease of 6.9 MMbbl for the week that ended Sept. 6, according to last week’s report from the Energy Information Adminstration. Gasoline inventories decreased 0.7 MMbbl, while distillate inventories increased 2.7 MMbbl/d. Total petroleum inventories posted a decline of 3.1 MMbbl. US crude oil production was flat week over week, while crude oil imports were down 0.2 MMbbl/d to 6.7 MMbbl/d. WTI opened last week on solid footing with comments by the...
Sep 16, 2019
QP - The Week in Crude Oil Markets - September 9, 2019
US crude oil inventories posted a decrease of 4.8 MMbbl for the week that ended Aug. 30, according to last week’s report from the Energy Information Administration. Gasoline and distillate inventories decreased 2.4 MMbbl and 2.5 MMbbl, respectively. Total petroleum inventories posted a decline of 4.9 MMbbl. US crude oil production decreased 100,000 bbl/d, while imports were up 0.9 MMbbl/d to 6.9 MMbbl/d. The WTI market opened the week falling on its face as traders felt the impact of...
Sep 09, 2019
QP - The Week in Crude Oil Markets - August 26, 2019
US crude oil inventories posted a decrease of 2.7 MMbbl, according to last week’s report from the Energy Information Administration. Gasoline and distillate inventories increased 0.3 MMbbl and 2.6 MMbbl, respectively. Total petroleum inventories posted a build of 4.0 MMbbl. US crude oil production was flat versus the week prior, while crude oil imports were up 0.49 MMbbl/d to 7.2 MMbbl/d. Continuous developments in the USChina trade war, both bearish and bullish, have been the main...
Aug 26, 2019
QP - The Week in Crude Oil Markets - August 19, 2019
US crude oil inventories posted an increase of 1.6 MMbbl last week, according to the weekly US Energy Information Administration report. Gasoline inventories decreased 1.4 MMbbl, while distillate inventories also decreased, shedding 1.9 MMbbl/d. Total petroleum inventories posted a build of 2.4 MMbbl. US crude oil production was flat versus the week before, while crude oil imports were up 0.57 MMbbl/d to an average of 7.7 MMbbl/d. Prices finally got some bullish news early last week...
Aug 19, 2019
QP - The Week in Crude Oil Markets - August 12, 2019
US crude oil inventories posted an increase of 2.4 MMbbl last week, according to the weekly US Energy Information Administration report. Gasoline inventories increased 4.4 MMbbl, while distillate inventories increased 1.5 MMbbl. With all these increases, total petroleum inventories posted a large build of 10.4 MMbbl. US crude oil production increased 100,000 bbl/d, while crude oil imports were up 490,000 bbl/d to an average of 7.1 MMbbl/d. Prices were down all week as the market continued to...
Aug 12, 2019

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