Beyond The Breakers Trading

U.S. crude oil refinery inputs averaged over 16.9 million barrels per day during the week ending April 13, 2018, 70,000 barrels per day less than the previous week’s average. Refineries operated at 92.4% of their operable capacity last week.
Gasoline production increased last week, averaging 10.2 million barrels per day. Distillate fuel production decreased last week, averaging 5.1 million barrels per day.


U.S. crude oil imports averaged over 7.9 million barrels per day last week, down by 720,000 barrels per day from the previous week. Over the last four weeks, crude oil imports averaged about 8.2 million barrels per day, 2.7% more than the same four-week period last year.
Total motor gasoline imports (including both finished gasoline and gasoline blending components) last week averaged 705,000 barrels per day. Distillate fuel imports averaged 103,000 barrels per day last week.


Source: www.streetinsider.com

Oil prices pared some of their earlier gains on Wednesday after the U.S. Energy Information Administration said crude supplies climbed by 3.3 million barrels for the week ended April 6.

Analysts surveyed by S&P Global Platts had forecast a climb of 100,000 barrels, while the American Petroleum Institute on Tuesday reported a rise of roughly 1.8 million barrels, according to sources.

Gasoline stockpiles edged up by 500,000 barrels for the week, while distillate stockpiles fell by 1 million barrels, according to the EIA.

The S&P Global Platts survey forecast supply declines of 2 million barrels for gasoline and 1.2 million barrels for distillates.

May crude CLK8, +2.09% rose 42 cents, or 0.7%, to $65.93 a barrel on the New York Mercantile Exchange, down from $66.03 before the supply data.