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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.
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U.S. crude oil futures calendar spread from March to April 2024 U.S.$ per barrel, contango (-) or backwardation (+), daily and 21-day centred average JanÞ5, 2024
Jun 14, 2024 · Weekly Petroleum Status Report. Notice: Table 11 and Table 12 certain spot prices are currently not available. Table 13 futures prices after April 5, 2024, are not available. The petroleum supply situation in the context of historical information and selected prices.
May 21, 2024 · As of last week, gasoline inventories were about 1% below the five-year average for this time of year, according to the latest EIA data. Distillate inventories fell this week by 320,000 barrels...
- Julianne Geiger
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...
2 days ago · Oil prices dipped following the surprise build. Brent futures were trading at $84.96 a barrel, down about 5 cents, at 1501 GMT. WTI futures were trading at $80.63 a barrel, off 22 cents.
5 days ago · At 457.1 million barrels, U.S. crude oil inventories are about 4% below the five year average for this time of year. Total motor gasoline inventories decreased by 2.3 million barrels from last week and are about 1% below the five year average for this time of year.