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- Last Thursday's EIA report showed that (1) US crude oil inventories as of June 14 were -3.6% below the seasonal 5-year average, (2) gasoline inventories were -1.5% below the seasonal 5-year average, and (3) distillate inventories were -8.2% below the 5-year seasonal average.
www.nasdaq.com/articles/crude-prices-slide-dollar-strengthens
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Sep 1, 2023 · LONDON, Aug 31 (Reuters) - U.S. commercial crude oil inventories have depleted by 34 million barrels since the middle of July, contributing to a sense the market is tightening and driving a...
- Shrunken U.S. oil inventories point to chronic under-supply ...
U.S. petroleum inventories have continued to slide over the...
- US oil prices slide as stocks accumulate at Cushing: Kemp
LONDON, Nov 16 (Reuters) - U.S. crude oil prices are...
- Shrunken U.S. oil inventories point to chronic under-supply ...
Apr 25, 2022 · US crude oil inventories likely climbed during the week ended April 22, analysts surveyed by S&P Global Commodity Insights said April 25, but strong refinery demand likely blunted the seasonal build.
Jan 24, 2022 · U.S. petroleum inventories have continued to slide over the last month and are well below their normal seasonal levels, which has helped push oil prices to their highest since 2014.
Nov 16, 2023 · LONDON, Nov 16 (Reuters) - U.S. crude oil prices are anticipating an increase in inventories as the market moves into surplus during the first quarter of 2024, despite an expected extension of...
Jan 25, 2022 · Compared to the 2015-2019 average, total U.S. commercial inventories are 4 percent below the pre-pandemic five-year seasonal average—the lowest level for this time of the year since 2015,...
3 days ago · The Energy Information Administration's (EIA) Crude Oil Inventories measures the weekly change in the number of barrels of commercial crude oil held by US firms. The level of...
MRCI research illustrates crude oil's 15-year seasonal pattern (black line). Notice how prices tend to put in a seasonal low in mid-December.
