Energy Data Response US Weekly Petroleum Status Report Oil prices surged on the back of this week’s report, which managed to successfully tear investors’ attention away from the upcoming OPEC+ meeting this weekend. In isolation, there was little to... 1st June 2023 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Commercial stocks slumped as imports fell sharply. Meanwhile, implied product demand rose, but we think the usual summer boost to demand may be more subdued this year as economic growth slows. 24th May 2023 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Commercial stocks rose for a second consecutive week even as production fell and refinery utilisation picked up. Releases from strategic reserves supported stocks and are likely to continue to do so... 17th May 2023 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Today’s stocks report showed a rise in commercial crude inventories last week, confounding analyst expectations of a drawdown. However, total stocks fell, which helps to explain why oil prices have... 10th May 2023 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Commercial stocks continued to fall last week despite lower refinery runs and higher net imports. On the products side, total demand eased back. Of course, one week’s data are not sufficient to mark a... 3rd May 2023 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Commercial stocks fell last week as production and net imports declined. Meanwhile, product demand remains resilient, but we doubt oil demand can weather the mounting economic headwinds much longer. 26th April 2023 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Sharply higher refining activity and a rise in exports drove commercial crude stocks lower this week. Meanwhile, US production was stable. We think it will only rise a little further by the end of the... 19th April 2023 · 4 mins read
Energy Data Response US Weekly Petroleum Status Report Commercial crude stocks rose last week, owing to a record weekly fall in exports and small amounts were sold from strategic reserves. Meanwhile, implied demand for key petroleum products remains... 12th April 2023 · 3 mins read
Energy Data Response US Weekly Petroleum Status Report The rebound in crude oil prices is already feeding into wholesale gasoline prices, but we don’t think the increase will be enough to derail demand, which is running at a healthy clip. Elsewhere, there... 5th April 2023 · 4 mins read
Energy Data Response US Weekly Petroleum Status Report Commercial crude stocks fell sharply this week as imports fell to a two-year low and refinery activity increased. Meanwhile, product demand continued to expand. As higher interest rates translate into... 29th March 2023 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Commercial crude stocks rose slightly this week, although product stocks fell as domestic demand and exports both picked up. But all eyes are on the Fed’s monetary policy meeting later today. 22nd March 2023 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Commercial crude stocks rose this week, but product stocks fell. That said, the bigger picture remains one of subdued domestic demand, which we expect to remain the case for some time yet. 15th March 2023 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Commercial crude stocks fell for the first time in nine weeks last week, while implied product demand dropped. We think oil demand will remain soft as higher interest rates drag on economic growth. 8th March 2023 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Commercial crude stocks rose only slightly this week but this was despite a jump in US crude exports to a new record. With US domestic fuel demand unlikely to surge anytime soon, crude exports should... 1st March 2023 · 3 mins read
Energy Data Response US Weekly Petroleum Status Report There was another strong rise in commercial crude stocks last week. With little prospect of any upturn in domestic demand anytime soon, commercial stocks should continue to rebound in the coming... 23rd February 2023 · 3 mins read
Energy Data Response US Weekly Petroleum Status Report Commercial crude stocks rose to their highest since June 2021 last week due to lower refinery activity. With crude demand likely to remain sluggish over the coming months, and the US government set to... 15th February 2023 · 3 mins read
