Locator: 44311B.
Weekly EIA petroleum report, link here.
- US crude oil in storage decreased by 3.7 million bbls; at 470.0 million bbls, crude oil in storage is about 4% above the five year average, which means the administration can still release a fair amount of crude oil from the SPR; there’s more than enough crude oil in non-SPR commercial reserves.
- imports increased by 1.8 million bbls; that's a significant jump;
- refiners were only operating at 89.6% of their operable capacity;
- gasoline production decreased last week
- distillate fuel decreased by 3.6 million bbls and are about 12% below their five-year average
- jet fuel supplied was up 6.1%
Gasoline demand, link here:
WTI, after the report:
- down 0.05%; in other words, flat
- trading at $80.66
Gasoline demand:
- upwards of 50% of office workers have not yet returned to the office for a full five-day workweek;
****************************
Freight Train
By the song-writer herself.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.