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Thursday, November 3, 2022

Gasoline Demand -- November 2, 2022

Link here.

From earlier today, re-posting:

EIA data today, link here:

  • US commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 3.1 million barrels from the previous week.
  • At 436.8 million barrels, U.S. crude oil inventories are about 3% below the five-year average for this time of year.
  • Total motor gasoline inventories decreased by 1.3 million barrels from last week and are about 6% below the five-year average for this time of year.
  • Finished gasoline inventories increased, but blending components inventories decreased last week.
  • Distillate fuel inventories increased by 0.4 million barrels last week and are about 19% below the five-year average for this time of year.
  • Propane/propylene inventories increased by 1.2 million barrels from last week and are 4% above the five year average for this time of year.
  • Total commercial petroleum inventories decreased by 0.7 million barrels last week.

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