Energy Data Response US Weekly Petroleum Status Report Commercial stocks in the US rose last week as refinery inputs fell and net imports increased. However, stocks in the WTI storage hub of Cushing, Oklahoma, dwindled further, causing WTI prices to rise... 16th February 2022 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Crude oil and product stocks fell last week, reflecting robust US demand. However, we think growth in product demand will slow over the course of this year in tandem with slower growth in the US... 9th February 2022 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Product demand remains very strong for the time of the year and, if gasoline demand mounts a recovery once COVID-19 cases moderate, it could get even stronger. Although, we expect that slowing... 2nd February 2022 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report The surge in oil demand included the first signs of a recovery in transport-related gasoline demand. Although, we doubt demand will remain this buoyant for too long as economic growth is set to slow. 26th January 2022 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Commercial crude stocks slumped last week, reflecting a partial recovery in demand. However, we think demand will remain under pressure as COVID-19 cases rise in the US and as economic growth slows. 12th January 2022 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Commercial crude oil stocks fell, but this reflected solid demand from refineries. Implied product demand – particularly for gasoline – slumped, suggesting that the public were cautious about travel... 5th January 2022 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Commercial crude oil stocks fell sharply last week for the fourth week in a row. That was despite demand for oil products dropping back in line with the seasonal average. Early indicators suggest... 22nd December 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Commercial crude oil stocks slumped last week as domestic demand strengthened and exports jumped. The decline in commercial stocks also came as strategic petroleum reserves fell. In the final weeks of... 15th December 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US commercial stocks remained range-bound, but there were sizeable additions to stocks of petroleum products. That said, implied product demand remains solid, despite rising new COVID-19 infections... 8th December 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US commercial stocks fell as, despite some chunky falls in product demand, US demand is still outstripping supply. Although, the release did shows signs that crude production might finally be... 1st December 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US commercial stocks rose due to a pre-planned release of reserves and a large drop in exports. But the bigger picture is that product demand remains healthy, adding pressure to a tightening market. 24th November 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report The latest weekly data show falling crude and petroleum product inventories and a jump in implied demand. The strength in demand is somewhat surprising given the rise in gasoline prices, but we... 17th November 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Crude oil in commercial storage rose last week for the second week on the trot, helped by a planned release of strategic reserves. But the big picture is that stocks remain low by past standards... 10th November 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US commercial stocks rose last week on a release of strategic reserves and a jump in net imports. Exports could fall further in the coming weeks given the need to rebuild stocks at the WTI Cushing hub... 27th October 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Strong exports contributed to the first drawdown in stocks in four weeks last week, supporting already-high crude prices. What’s more, stocks at the hub of Cushing, Oklahoma, also fell and they are... 20th October 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report A large fall in the refinery utilisation rate drove another increase in stocks last week, although utilisation rates are normal for the time of the year. And with output set to remain constrained... 14th October 2021 · 2 mins read
