Weekly petroleum report:
link here --
- huge jump in US crude oil inventories, and yet WTI price "held"
- WTI: $71.83
- US crude oil inventories: jumped 5.8 million bbls; now at 438.1 million bbls; this is/was a huge jump, but yet EIA says, "US crude oil inventories are in the lower half of the average range for this time of year." Language unchanged from previous reports.
- refinery operating capacity at 91.8% hardly changed from last week; on low side; should be in 93 - 95% range, one would
- but gasoline and distillate fuel production still more than adequate it seems
Gasoline demand,
link here:
US crude oil days of supply,
link here: ever so slightly, the days of US crude oil supply have inched up very, very sightly, maybe from 25.3 days to 26.4 days, but a year ago we were up to 30 days of supply.
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