Today's EIA.gov report.
Crude stocks went up +2.4M barrels, from last week; Distillates up 2.9M Barrels; and Gasoline up 5M barrels.
 |
| Click to Enlarge |
WTI at $78.46, compared to $77.20, one week ago, and $87.90 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 465.3M barrels of crude and petroleum products, more than imported, since March 1, 2022. This week's report marks two consecutive weeks with net deficit of import/export. 6.1M barrels to be precise.
Overall, crude stocks are quite healthy, compared to this time last year (4th highest), also being in the upper 5 year range and the highest since June 2021.
So what could go wrong?
No comments:
Post a Comment