EIA Weekly Petroleum Report -- March 15, 2023

Link here. 

Well, isn't this interesting. Brand new. Mea culpa. 

Much could be said.

This week's data:

• US crude oil in storage increased by 1.6 million bbls; at 480.1 million bbls in storage, US crude oil inventories are about 7% above the five-year average;
• days supply, crude oil: 31.8, down from 31.9 (last week); link here;
• with supply 7% above 5-year average, and, days of supply out to 31.8 days, not much urgency to refill SPR any time soon.
• US crude oil imports: yawn;
• US refiners are operating at 88.2% of their operable capacity;
• distillate fuel inventories decreased by 2.5 million bbls; now 8% below the five-year average;
• jet fuel supplied was up a whopping 6.7%. 

Do you remember the propane shortage some years ago. Now:

• propane / propylene inventories increased by 0.9 million bbls and are 42% above the five-year average.