August 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 …

Monthly Archives: August 2017