Link here, pending.
- US weekly crude oil change in inventory: an increase of 2.4 million bbls from previous week
- US weekly crude oil inventory: now stands at 438.9 million bbls; about 2% above the five year average; and the 5-year average continues to increase
- refinery operating capacity: 96.4% -- at the higher end of capacity; has been trending up over past few weeks
- crude oil import last week: up a bit but not much
- crude oil import average over last four weeks: almost 15% less than same period one year ago
|
Week
|
Week Ending
|
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 6
|
January 4, 2019
|
0.0
|
441.4
|
|
Week 7
|
January 9, 2019
|
-1.7
|
439.7
|
|
Week 8
|
January 16, 2019
|
-2.7
|
437.1
|
|
Week 9
|
January 24, 2019
|
8.0
|
445.0
|
|
Week 10
|
January 31, 2019
|
0.9
|
445.9
|
|
Week 11
|
February 6, 2019
|
1.3
|
447.2
|
|
Week 12
|
February 13, 2019
|
3.6
|
450.8
|
|
Week 13
|
February 21, 2019
|
3.7
|
454.5
|
|
Week 14
|
February 27, 2019
|
-8.6
|
445.9
|
|
Week 15
|
March 6, 2019
|
7.1
|
452.9
|
|
Week 16
|
March 13, 2019
|
-3.9
|
449.1
|
|
Week 17
|
March 20, 2019
|
-9.6
|
439.5
|
|
Week 18
|
March 27, 2019
|
2.8
|
442.3
|
|
Week 19
|
April 3, 2019
|
7.2
|
449.5
|
|
Week 20
|
April 10, 2019
|
7.0
|
456.5
|
|
Week 21
|
April 17, 2019
|
-1.4
|
455.2
|
|
Week 22
|
April 24, 2019
|
5.5
|
460.1
|
|
Week 23
|
May 1, 2019
|
9.9
|
470.6
|
|
Week 24
|
May 8, 2019
|
-4.0
|
466.6
|
|
Week 25
|
May 15, 2019
|
5.4
|
472.0
|
|
Week 26
|
May 22, 2019
|
4.7
|
476.8
|
|
Week 27
|
May 30, 2019
|
-0.3
|
476.5
|
|
Week 28
|
June 5, 2019
|
6.8
|
483.3
|
|
Week 29
|
June 12, 2019
|
2.2
|
485.5
|
|
Week 30
|
June 19, 2019
|
-3.1
|
482.4
|
|
Week 31
|
June 26, 2019
|
-12.8
|
469.6
|
|
Week 32
|
July 3, 2019
|
-1.1
|
468.5
|
|
Week 33
|
July 10, 2019
|
-9.5
|
459.0
|
|
Week 34
|
July 17, 2019
|
-3.1
|
455.9
|
|
Week 35
|
July 24, 2019
|
-10.8
|
445.1
|
|
Week 36
|
July 31, 2019
|
-8.5
|
436.5
|
|
Week 37
|
August 7, 2019
|
2.4
|
438.9
|
this week's crude oil production was reported to be 100,000 barrels per day higher at 12,300,000 barrels per day even though the rounded estimate of the output from wells in the lower 48 states was unchanged at 11,800,000 barrels per day because a 9,000 barrels per day increase to 453,000 barrels per day in Alaska's oil production raised the final rounded national production total by 100,000 barrels per day..
ReplyDelete(that's the EIA"s math, not mine)
Lots of numbers but if I understand this correctly, an estimated 9,000-bopd increase resulted in a final estimate of a total increase of 100,000 bbls.
DeleteWe've got the lower 48 and Alaska. Maybe we're missing the production coming out of Hawaii. LOL.
this week they flipped it....there was a 100K bpd increase in output from the lower 48, but because of a 20K bpd decrease in output from Alaska, dropping its output below 450K bpd, the national production total was reported as unchanged...
ReplyDeletewe're lucky it's just Alaska...imagine if they rounded every state total separately before adding them together...
Wow, that is bizarre. Thank you. At least we know their methodology.
Delete