Energy Data Response US Weekly Petroleum Status Report Commercial crude stocks rose again this week, despite a rise in inputs to refineries. That said, refinery activity is unlikely to pick up markedly in the coming weeks given ongoing maintenance and... 8th February 2023 · 3 mins read
Energy Data Response US Weekly Petroleum Status Report Commercial crude stocks continued to climb last week as refinery activity remained in the doldrums and net imports rose. We believe that a recovery in refinery activity and higher demand for crude oil... 1st February 2023 · 3 mins read
Energy Data Response US Weekly Petroleum Status Report Even though the recovery in refinery activity stalled last week, petroleum product stocks rose amid weakening demand, which we expect to persist for a bit longer as the US economy slows further. 25th January 2023 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Commercial crude stocks unexpectedly increased this week. Weak refining activity and stable production helped stocks build. We expect that slower US economic activity over the next six months will... 19th January 2023 · 3 mins read
Energy Data Response US Weekly Petroleum Status Report Commercial crude stocks surged last week at the fastest pace since February 2021, as net imports rose and disruption to refineries lingered from the recent cold weather disruption. Going forward, a... 11th January 2023 · 3 mins read
Energy Data Response US Weekly Petroleum Status Report Commercial crude stocks rose last week due to refinery closures in the wake of the extremely cold weather. But this should be short-lived, with most refinery plants back online soon. 5th January 2023 · 3 mins read
Energy Data Response US Weekly Petroleum Status Report Commercial crude stocks rose last week owing to a rebound in net imports, which was largely the result of the reopening of the Keystone pipeline. More interesting was the jump in implied product... 29th December 2022 · 3 mins read
Energy Data Response US Weekly Petroleum Status Report This week’s report showed a sizeable drop in commercial crude stocks as net imports fell sharply. With US production unlikely to rise by much and plans for strategic reserves to be refilled next year... 21st December 2022 · 3 mins read
Energy Data Response US Weekly Petroleum Status Report While this week’s report revealed a whopping increase in commercial stocks, prices were up a little following the release. Instead, most attention is on the latest oil demand forecasts from OPEC and... 14th December 2022 · 3 mins read
Energy Data Response US Weekly Petroleum Status Report Commercial crude stocks fell again, but there were some chunky builds in product stocks. Given the rise in stocks, product prices should fall further, which will eventually lead to lower refinery... 7th December 2022 · 3 mins read
Energy Data Response US Weekly Petroleum Status Report Commercial crude stocks plunged as the refinery utilisation rate rose, net imports fell sharply and strategic reserve releases continued to wind down. However, signs of lower domestic product demand... 30th November 2022 · 3 mins read
Energy Data Response US Weekly Petroleum Status Report Commercial crude stocks fell for a second consecutive week and are likely to come under further pressure if strategic reserve releases wind down. Despite this, oil prices slid on demand worries and as... 23rd November 2022 · 5 mins read
Energy Data Response US Weekly Petroleum Status Report Oil prices were little swayed by the latest EIA data showing the biggest decline in commercial crude stocks in about three months last week, given that the data were similar to industry data released... 16th November 2022 · 3 mins read
Energy Data Response US Weekly Petroleum Status Report Commercial crude stocks rose this week even though more crude was used by refiners. And despite the increase in refining output, gasoline and distillate stocks fell on strong demand. We think demand... 9th November 2022 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Last week’s fall in commercial and strategic crude stocks dragged total reserves to their lowest level since November 2001, contributing to a rise in prices today. Gasoline and distillate stocks also... 2nd November 2022 · 3 mins read
Energy Data Response US Weekly Petroleum Status Report US commercial crude stocks rose last week, as drawdowns from the Strategic Petroleum Reserve boosted commercial stocks. But the big news was that crude exports rose to a record high, probably... 26th October 2022 · 3 mins read
