Legacy fund, monthly deposit for July, 2020, posted at this link.
EIA weekly petroleum report at this pdf. Later: with regard to the crude oil inventory, see the comments below.
- weekly US crude oil supply increased by another eye-brow-raising 4.9 million bbls;
- weekly US crude oil supply now at a whopping 19% greater than the already fat-five-year average; wow;
- crude oil imports average 5.9 million bopd last week, up by 373,000 thousand (sic) -- obviously a mistake -- the US is not importing 373 million bopd -- bopd from the previous week
- US crude oil imports averaged about 6.2 million bopd, 13.5% less than the same four-week period last year;
- refineries are operating at 77.9% of their operable capacity -- pretty much unchanged for the past several weeks;
- jet fuel delivered was down 47.7% compared with same four-week period last year
Crude oil inventory:
Week
|
Date of Report=
|
Change
|
Million Bbls Storage
|
Week 0
|
November 21, 2018
|
4.9
|
446.9
|
Week 1
|
November 28, 2018
|
3.6
|
450.5
|
Week 2
|
December 6, 2018
|
-7.3
|
443.2
|
Week 3
|
December 12, 2018
|
-1.2
|
442.0
|
Week 4
|
December 19, 2018
|
-0.5
|
441.5
|
Week 5
|
December 28, 2018
|
0.0
|
441.4
|
Week 71
|
April 8, 2020
|
15.2
|
484.4
|
Week 72
|
April 15, 2020
|
19.2
|
503.6
|
Week 72
|
April 22, 2020
|
15.0
|
518.6
|
Week 73
|
April 29, 2020
|
9.0
|
527.6
|
Week 74
|
May 6, 2020
|
4.6
|
532.2
|
Week 75
|
May 13, 2020
|
-0.7
|
531.5
|
Week 76
|
May 20, 2020
|
-5.0
|
526.5
|
Week 77
|
May 28, 2020
|
7.9
|
534.4
|
Week 78
|
June 3, 2020
|
-2.1
|
532.3
|
Week 79
|
June 10, 2020
|
5.7
|
538.1
|
Week 80
|
June 17, 2020
|
1.2
|
539.3
|
Week 81
|
June 24, 2020
|
1.4
|
540.7
|
Week 82
|
July 1, 2020
|
-7.2
|
533.5
|
Week 83
|
July 8, 2020
|
5.7
|
539.2
|
Week 84
|
July 15, 2020
|
-7.5
|
531.7
|
Week 85
|
July 22, 2020
|
4.9
|
536.6
|
Crude oil imports:
Crude Oil Imports
|
||||
Week (week-over-week)
|
Date of Report
|
Raw Data, millions of bbls
|
Change (millions of bbls)
|
Four-week period comparison
|
Week 0
|
March 11, 2029
|
6.4
|
0.174
|
|
Week 1
|
March 18, 2020
|
6.5
|
0.127
|
|
Week 2
|
March 25, 2020
|
6.1
|
-0.422
|
|
Week 3
|
April 1, 2020
|
6.0
|
-0.070
|
|
Week 4
|
April 8, 2020
|
5.9
|
-0.173
|
|
Week 5
|
April 15, 2020
|
5.7
|
-0.194
|
|
Week 6
|
April 22, 2020
|
5.6
|
-0.700
|
|
Week 7
|
April 29, 2020
|
5.3
|
0.365
|
-19.700%
|
Week 8
|
May 6, 2020
|
5.7
|
0.410
|
|
Week 9
|
May 13, 2020
|
5.4
|
-0.321
|
-26.100%
|
Week 10
|
May 20, 2020
|
5.2
|
-0.194
|
|
Week 11
|
May 28, 2020
|
7.2
|
2.000
|
-16.400%
|
Week 12
|
June 3, 2020
|
6.2
|
-1.000
|
-18.300%
|
Week 13
|
June 10, 2020
|
6.4
|
0.000
|
-13.300%
|
Week 14
|
June 17, 2020
|
6.6
|
-0.222
|
-10.000%
|
Week 15
|
June 24, 2020
|
6.5
|
-0.102
|
-11.600%
|
Week 16
|
July 1, 2020
|
6.5
|
-0.600
|
-11.300%
|
Week 17
|
July 8, 2020
|
7.4
|
1.400
|
-8.500%
|
Week 18
|
July 15, 2020
|
7.5
|
-1.800
|
-10.200%
|
Week 19
|
July 22, 2020
|
5.9
|
0.373
|
-13.500%
|
Jet fuel delivered:
Jet Fuel Delivered, Change, Four-Week/Four-Week
|
||
Week
|
Date of Report
|
Change
|
Week 0
|
3/7/2020
|
-12.80%
|
Week 1
|
3/14/2020
|
-12.60%
|
Week 2
|
3/21/2020
|
-8.90%
|
Week 3
|
3/28/2020
|
-16.40%
|
Week 4
|
4/4/2020
|
-0.22%
|
Week 5
|
4/11/2020
|
-39.70%
|
Week 6
|
4/18/2020
|
-53.60%
|
Week 7
|
4/24/2020
|
-61.60%
|
Week 8
|
5/1/2020
|
-66.60%
|
Week 9
|
5/8/2020
|
-68.50%
|
Week 10
|
5/15/2020
|
-67.90%
|
Week 11
|
May 22, 2020
|
-66.60%
|
Week 12
|
June 3, 2020
|
-68.70%
|
Week 13
|
June 10, 2020
|
-63.70%
|
Week 14
|
June 17, 2020
|
-62.30%
|
Week 15
|
June 24, 2020
|
-62.50%
|
Week 16
|
July 1, 2020
|
-60.00%
|
Week 17
|
July 8, 2020
|
-57.20%
|
Week 18
|
July 15, 2020
|
-51.90%
|
Week 91
|
July 22, 2020
|
-47.70%
|
