Energy Data Response US Weekly Petroleum Status Report A fall in imports and another increase in refinery throughput meant that US commercial crude stocks plunged last week. We expect crude stocks to drop over the coming months as imports decline. 1st July 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US commercial crude stocks rose again last week as some production came back online after being hit by Tropical Storm Cristobal. Nevertheless, we expect that stocks are nearing their peak as refinery... 24th June 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Despite a hefty fall in US crude oil production, commercial crude stocks rose to another record high last week. Nevertheless, we expect crude stocks to start to fall over the coming weeks as refinery... 17th June 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report A jump in crude oil imports was the primary driver behind the rise in crude US stocks last week. And despite the continued revival in gasoline demand, product stocks crept higher. Nevertheless, in the... 10th June 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US commercial crude stocks fell last week entirely because strategic crude stocks rose strongly. Nevertheless, falling imports and the ongoing rise in refinery activity suggest that the oversupply in... 3rd June 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report We think that the market is right to dismiss the latest chunky build in US crude stocks as it was largely driven by a rise in imports, which is likely to prove a one-off. Instead, a further fall in US... 28th May 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Last week, US commercial crude stocks fell for the second week running. Digging deeper, though, reveals that the rebound in gasoline demand – which has so far underpinned much of the growing market... 20th May 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US commercial crude stocks unexpectedly fell last week, adding to growing evidence that the US oil market has passed the worst. That said, a sustained recovery is not on the cards for some time yet... 13th May 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Although US crude stocks climbed again last week, there are promising signs that the stress in the US oil market is beginning to ease. That said, a material turnaround in conditions remains some way... 6th May 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US crude stocks rose again last week, but the pace of the builds is showing more signs of slowing. We expect stocks to continue to increase until the coronavirus-related quarantine measures are fully... 29th April 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US crude stocks jumped again last week, despite a small fall in production and a hefty drop in imports. Stocks are likely to continue to climb until the lockdowns are lifted, but the pace of increase... 22nd April 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US crude and product stocks soared again last week as the virus-related disruption continued to weigh on demand. We expect crude stocks to rise further in the coming weeks, but the recent OPEC+ deal... 15th April 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report The latest US weekly data clearly showed the negative impact on oil demand of measures to contain the coronavirus. Further stock builds are likely in the near term, despite falling domestic production... 8th April 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US crude stocks rose a touch last week. We expect bigger increases in the coming weeks given that refineries have announced plans to curb output in response to the virus-related slump in product... 25th March 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report The latest US stocks data went largely unnoticed today as prices continued to plunge on concerns about the spread of coronavirus. But, for what it is worth, we expect stocks to climb in the coming... 18th March 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US crude stocks continued to edge higher this week as a rise in domestic crude output and lower refinery activity offset a fall in net imports. Product demand remains healthy for now, but if COVID-19... 4th March 2020 · 2 mins read