Wednesday, February 1, 2023

Gasoline, Crude and Distillate Inventories - FEB-1-23

Today's EIA.gov report

Crude stocks went up +4.1M barrels, from last week; Distillates up 2.3M Barrels; and Gasoline up 2.5M barrels. 

Click to Enlarge
WTI at $76.98, compared to $80.15, one week ago, and $86.69 a year ago. 

Refinery output slightly increased on this report, but still below one year ago levels. 

For anyone interested, the U.S. has exported 471M barrels of crude and petroleum products, more than imported, since March 1, 2022. Oddly, this week's report was the first since then to show a slight import/export deficit. -238K to be precise.

No comments:

Post a Comment

Are We Heading Into A Recession?

Remember back when the 2022 1st and 2nd quarter GDP numbers came in... and those politically motivated types screamed "we are in a rece...