- US crude oil in storage: 447.1 million bbls
- week-over-week oil in storage: decreased by a whopping 4.9 million bbls
- refiners operating at 91.9% capacity; slowly creeping up; well below the norm;
- crude oil imports are down over 20% over the same four-week period last year
- all things being equal, WTI should be up nicely, unless movers and shakers knew these numbers last night; so let's check WTI: up 3.67%; up $2.06; trading at $58.16 -- back to where it was last week when it plunged;
|
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 43
|
September 18, 2019
|
1.1
|
417.1
|
|
Week 44
|
September 26, 2019
|
2.4
|
419.5
|
|
Week 45
|
October 2, 2019
|
3.1
|
422.6
|
|
Week 46
|
October 9, 2019
|
2.9
|
425.6
|
|
Week 47
|
October 17, 2019
|
9.3
|
434.9
|
|
Week 48
|
October 23, 2019
|
-1.7
|
433.2
|
|
Week 49
|
October 30, 2019
|
5.7
|
438.9
|
|
Week 50
|
November 6, 2019
|
7.9
|
446.8
|
|
Week 51
|
November 14, 2019
|
2.2
|
449.0
|
|
Week 52
|
November 20, 2019
|
1.4
|
450.4
|
|
Week 53
|
November 27, 2019
|
1.6
|
452.0
|
|
Week 54
|
December 4, 2019
|
-4.9
|
447.1
|
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