Energy Data Response US Weekly Petroleum Status Report A jump in crude oil production led to the first stock build in eight weeks. However, with output still constrained and demand set to remain strong, stocks are likely to remain low for some time to... 29th September 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US crude stocks have continued to fall as refinery activity has so far recovered faster than crude output following Hurricane Ida. And with demand already broadly back to pre-pandemic levels, US crude... 22nd September 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report There were hefty falls in both crude and petroleum product stocks, reflecting closed production capacity due to damage caused by Hurricane Ida. Implied gasoline demand also dropped back but it is... 15th September 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report There was a small draw in crude stocks last week, despite a dramatic drop in refinery utilisation as many refineries closed ahead of the Hurricane Ida. Notwithstanding, US gasoline demand remained... 9th September 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Last week’s sharp fall in US commercial crude stocks is at odds with many of the underlying indicators. In any case, stocks seem likely to rise in the weeks ahead as reports suggest that refinery... 1st September 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Crude oil stocks fell again last week and implied gasoline demand rose, in broadly positive news for oil prices. For now, US consumers appear to be shrugging off the spread of the Delta variant of... 25th August 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report While crude stocks fell again last week, gasoline inventories rose a little and there was a further pullback in implied gasoline demand. Given the ongoing rise in virus infections and some re... 18th August 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Last week’s fall in crude oil and gasoline stocks suggests that growth in demand in the US is continuing to outpace growth in supply. However, following a strong recovery from its pandemic-induced... 11th August 2021 · 2 mins read
Energy US Weekly Petroleum Status Report US commercial crude stocks unexpectedly increased last week as net imports rose, but we suspect that inventories will fall back soon as demand for oil products, such as gasoline, continues to rise. 4th August 2021 · 2 mins read
Energy US Weekly Petroleum Status Report US commercial crude stocks resumed their downward trend last week. With domestic output still well below pre-virus levels and product demand likely to rise, we think crude stocks will fall further... 28th July 2021 · 2 mins read
Energy US Weekly Petroleum Status Report US commercial crude stocks unexpectedly rose this week as net imports surged. Nevertheless, providing that the Delta virus variant doesn’t lead to the re-imposition of virus-related restrictions, we... 21st July 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US commercial crude stocks fell for the eighth week in a row, and domestic production is now showing signs of life. This may add to the pressure on OPEC+ to relax output cuts more quickly and avoid a... 14th July 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US crude stocks continued to plummet, and gasoline demand shot up ahead of the Independence Day holiday. We expect US product demand to remain strong in the coming weeks as travel activity picks up in... 8th July 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US crude stocks fell for the sixth consecutive week amid the ongoing rebound in product demand as the virus-related restrictions continue to be lifted. That said, if OPEC+ decide to gradually raise... 30th June 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US commercial crude stocks declined again last week. However, with both implied demand for most products and refinery activity close to pre-pandemic levels, we think the pace of draws will stabilise. 23rd June 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Despite an uptick in domestic production, US commercial crude stocks plummeted last week as refinery throughput rose and net imports slumped. However, we suspect that the pace of draws will slow in... 16th June 2021 · 2 mins read