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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
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...
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.
Nov 9, 2021 · U.S. crude oil inventories, however, returned to pre-pandemic levels, falling to 438.9 million barrels in July 2021, which is below inventory levels in January 2020. Crude oil inventories reached a recent low of 413.9 million barrels during the week of September 17, but they increased to 434.1 million barrels during the week of October 29.
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...
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Dec 20, 2021 · Distillate fuel inventories are about 9% below the seasonal five-year average. Moreover, implied gasoline demand jumped to 9.47 million bpd last week from 8.96 million bpd in the prior week.
