EIA's weekly USA petroleum report.
Re-balancing:
|
Week |
Date of Report= |
Change |
Million Bbls Storage |
Over/under 5-year average |
|
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 84 |
July 15, 2020 |
-7.5 |
531.7 |
17% |
|
Week 85 |
July 22, 2020 |
4.9 |
536.6 |
19% |
|
Week 86 |
July 29, 2020 |
-10.6 |
526.0 |
17% |
|
Week 87 |
August 5, 2020 |
-7.4 |
518.6 |
16% |
|
Week 88 |
August 12, 2020 |
-4.5 |
514.1 |
|
|
Week 89 |
August 19, 2020 |
-1.6 |
512.5 |
|
|
Week 90 |
August 26, 2020 |
-4.7 |
507.8 |
15% |
|
Week 91 |
September 2, 2020 |
-9.4 |
498.4 |
14% |
|
Week 92 |
September 10, 2020 |
2.0 |
500.5 |
14% |
|
Week 93 |
September 16, 2020 |
-4.4 |
496.0 |
14% |
|
Week 94 |
September 23, 2020 |
-1.6 |
494.4 |
13% |
|
Week 95 |
September 30, 2020 |
-2.0 |
492.4 |
|
|
Week 96 |
October 7, 2020 |
0.5 |
492.0 |
-12% |
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 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% |
|
Week 20 |
July 29, 2020 |
5.1 |
-0.800 |
-13.600% |
|
Week 21 |
August 5, 2020 |
6.0 |
0.900 |
-18.100% |
|
Week 22 |
August 12, 2020 |
5.6 |
-0.389 |
-20.400% |
|
Week 23 |
August 19, 2020 |
5.7 |
0.109 |
-21.700% |
|
Week 24 |
August 26, 2020 |
5.9 |
0.185 |
-16.900% |
|
Week 25 |
September 2, 2020 |
4.9 |
-1.000 |
-20.200% |
|
Week 26 |
September 10, 2020 |
5.4 |
0.500 |
-17.900% |
|
Week 27 |
September 16, 2020 |
5.0 |
-0.416 |
-20.100% |
|
Week 28 |
September 23, 2020 |
5.2 |
0.160 |
-24.200% |
|
Week 29 |
September 30, 2020 |
5.1 |
0.045 |
-21.600% |
|
Week 30 |
October 7, 2020 |
5.7 |
0.600 |
-18.900% |
Distillates:
|
Distillate Fuel Inventories |
|
|
|
|
Week |
Date of Report |
Change in Millions |
Relative to 5-Yr Avg |
|
Week 1 |
August 26, 2020 |
1.40 |
24.0% |
|
Week 2 |
September 2, 2020 |
-1.70 |
23.0% |
|
Week 3 |
September 10, 2020 |
-1.70 |
20.0% |
|
Week 4 |
September 16, 2020 |
3.50 |
22.0% |
|
Week 5 |
September 23, 2020 |
-3.40 |
21.0% |
|
Week 6 |
September 30, 2020 |
-3.20 |
21.0% |
|
Week 7 |
October 7, 2020 |
-1.00 |
23.0% |
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 18 |
July 15, 2020 |
-51.90% |
|
Week 19 |
July 22, 2020 |
-47.70% |
|
Week 20 |
July 29, 2020 |
-42.10% |
|
Week 21 |
August 5, 2020 |
-40.90% |
|
Week 22 |
August 12, 2020 |
-45.80% |
|
Week 23 |
August 19, 2020 |
-47.60% |
|
Week 24 |
August 26, 2020 |
-45.70% |
|
Week 25 |
September 2, 2020 |
-47.10% |
|
Week 26 |
September 10, 2020 |
-45.10% |
|
Week 27 |
September 16, 2020 |
-45.60% |
|
Week 28 |
September 23, 2020 |
-45.80% |
|
Week 29 |
September 30, 2020 |
-46.10% |
|
Week 30 |
October 7, 2020 |
-47.50% |
Balanced this week, next couple of weeks of data will noisy due to GOM ports, refineries, and shut ins.
ReplyDeleteYes, there will always be periods of increased volatility but it certainly appears that long term the supply / demand numbers will re-set significantly.
ReplyDelete