2017 - Beyond The Breakers Trading

Key highlights from the EIA’s report’s summary of weekly petroleum data for the week ending August 25, 2017

U.S. commercial crude oil inventories decreased by 5.4 million barrels from the previous week. • U.S. crude oil refinery inputs averaged over 17.7 million barrels per day during the week ending August 25, 2017, 264,000 barrels per day more than the previous week’s average. • Refineries operated at 96.6% of their operable capacity last week. • Gasoline production increased last week, averaging 10.6 million barrels per day. Distillate fuel production decreased last week, averaging about 5.1 million barrels per day.

Data from the U.S. Energy Information Administration

Wednesday showed that domestic crude supplies fell by 3.3 million barrels for the week ended Aug. 18, following declines in each of the last seven weeks. That’s just below the forecast for a decline of 3.7 million barrels by analysts surveyed by S&P Global Platts. The American Petroleum Institute had reported late Tuesday a fall of 3.6 million barrels, according to sources. Gasoline stockpiles were down 1.2 million barrels for the week, while distillate stockpiles remained unchanged, according to the EIA. Prices for West Texas Intermediate crude edged up from their pre-supply data …

EIA: US commercial crude oil inventories decreased by 8.9 mln barrels

Key highlights from the EIA’s report’s summary of weekly petroleum data for the week ending August 11, 2017: • U.S. crude oil refinery inputs averaged about 17.6 million barrels per day during the week ending August 11, 2017, 9,000 barrels per day less than the previous week’s average • U.S. crude oil imports averaged over 8.1 million barrels per day last week, up by 364,000 barrels per day from the previous week • U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 8.9 million barrels from the previous week • Total commercial petroleum inventories decreased by 7.3 million …

US commercial crude oil inventories decreased by 6.5 mln barrels

Key highlights from the EIA’s report’s summary of weekly petroleum data for the week ending August 4, 2017: • U.S. crude oil refinery inputs averaged 17.6 million barrels per day during the week ending August 4, 2017, 166,000 barrels per day more than the previous week’s average • Refineries operated at 96.3% of their operable capacity last week • U.S. crude oil imports averaged about 7.8 million barrels per day last week, down by 491,000 barrels per day from the previous week • U.S. commercial crude oil inventories decreased by 6.5 million barrels from the previous week • Total products supplied over the last four-week period …

Domestic crude supplies dropped by 6.3 million barrels

Oil prices rallied Thursday, extending earlier gains after data from the U.S. Energy Information Administration showed that domestic crude supplies dropped by 6.3 million barrels for the week ended June 30. That topped forecasts for a decline of 1.6 million barrels by analysts surveyed by S&P Global Platts, and also came in above the fall of 5.8 barrels reported by the American Petroleum Institute late Wednesday. Supply data were released a day late because of Tuesday’s Independence Day holiday. Gasoline stockpiles also fell by 3.7 million barrels, while distillate stockpiles decreased by 1.9 million barrels last week,

U.S. crude stocks rose last week while gasoline stocks decreased

U.S. crude stocks rose last week as refineries hiked output, while gasoline stocks decreased and distillate inventories fell, the Energy Information Administration said on Wednesday.

Crude inventories rose by 1.6 million barrels in the last week, compared with analyst expectations for a decrease of 435,000 barrels. Crude stocks at the Cushing, Oklahoma, delivery hub rose by 1.4 million barrels, EIA said.

Refinery crude runs rose by 203,000 barrels per day, EIA data showed. Refinery utilization rates rose by 1.5 percentage points. Gasoline stocks fell by 618,000 barrels, compared with analysts’ expectations in a Reuters poll for a 1.4

Domestic crude-oil supplies rose by 5 million barrels

The U.S. Energy Information Administration on Wednesday reported that domestic crude-oil supplies rose by 5 million barrels for the week ended March 17.

That marked the tenth increase in 11 weeks. The American Petroleum Institute late Tuesday reported a 4.5 million-barrel climb, according to sources, while analysts polled by S&P Global Platts forecast a rise of 2 million barrels.

Gasoline supplies fell by 2.8 million barrels, while distillate stockpiles declined by 1.9 million barrels last week, according to the EIA. May crude CLK7, -1.14% lost 95 cents, or 2%, to $47.29 a barrel on the New York Mercantile Exchange.

U.S. Energy Information Administration report on Domestic crude-oil supplies felldown

The U.S. Energy Information Administration on Wednesday reported that domestic crude-oil supplies fell for the first time in 10 weeks. Supplies declined by 200,000 barrels for the week ended March 10.

The American Petroleum Institute late Tuesday reported a 531,000-barrel decline, while analysts polled by S&P Global Platts forecast a climb of 3.5 million barrels.

Gasoline supplies fell by 3.1 million barrels, while distillate stockpiles dropped 4.2 million barrels last week, according to the EIA. April crude CLJ7, +2.07% was up 78 cents, or 1.6%, to $48.50 a barrel on the New York Mercantile Exchange. It was trading at $48.70 before the …

American Petroleum Institute reported to build 11.6 million barrels

The American Petroleum Institute (API) reported a build of 11.6 million barrels in United States crude inventories against expert predictions that domestic supplies would see a much kinder 1.4-million-to 1.66-million-barrel build.

The build in crude oil inventories was almost 10 times what analysts had predicted and marks yet another new high in U.S. inventories. The chart below displays a 10-week cumulative build of 35 million barrels, per API data, since the beginning of the year.

A few hours before the API data release, WTI and Brent benchmarks were both down despite Libya’s recent production woes, which were offset by Russia’s.

U.S. Energy Information Administration - increase in domestic crude-oil supplies

U.S. Energy Information Administration reported increase in domestic crude-oil supplies

The U.S. Energy Information Administration on Wednesday reported an eighth straight weekly increase in domestic crude-oil supplies, but it was smaller than the market expected. Crude inventories rose by 1.5 million barrels for the week ended Feb. 24.

The American Petroleum Institute late Tuesday reported a 2.5 million-barrel climb, according to sources, while analysts polled by S&P Global Platts forecast a climb of 2.1 million barrels.

Gasoline supplies declined by 500,000 barrels, while distillate stockpiles fell 900,000 barrels last week, according to the EIA. April crude.

Yearly Archives: 2017