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Oil Price Outlook: Brent Crude Eyes Further Gains on Supply Risks
Crude Oil prices start the week on the front foot, up 0.94% at the time of writing. Oil benchmarks are trading higher to start the week as supply risks ...
MarketPulse
4 days ago
Yen hits fresh lows as new FX diplomat announced
Asia market update: US Pres debate spells trouble for Biden; Yen hits fresh lows as new FX diplomat announced; JP data above ests; Key focus on US May Core PCE.
The Forex Market
15 hours ago
Jun 14, 2024 · Weekly Petroleum Status Report - U.S. Energy Information Administration (EIA) See All Petroleum Reports. Weekly Petroleum Status Report. Data for week ending June 14, 2024Release Date:June 20, 2024Next Release Date:June 26, 2024 full report PDF. Previous Issues.
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Release Schedule. The wpsrsummary.pdf, overview.pdf, and...
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- Northeast Reserves
Reserves inventories are not considered to be in the...
- WPSR
EIA's Weekly Petroleum Status Report (WPSR) will begin...
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An increase in OPEC crude output is negative for oil prices. OPEC May crude production rose +60,000 bpd to 26.96 million bpd, a 5-month high. Today's weekly EIA report was mainly bearish.
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 2.5 million barrels from the previous week. 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
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Summary of Weekly Petroleum Data for the week ending June 21, 2024. U.S. crude oil refinery inputs averaged 16.5 million barrels per day during the week ending June 21, 2024, which was 234 thousand barrels per day less than the previous week’s average. Refineries operated at 92.2% of their operable capacity last week.
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5 days ago · The national average retail price for regular gasoline rose to $3.435 per gallon on June 17, 2024, $0.006 above last week’s price, and $0.142 less than the year-ago price. The national average retail diesel fuel price rose $0.077 to $3.735 per gallon, $0.08 lower than the price one year ago. Refinery Activity (Thousand Barrels per Day)
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Apr 16, 2020 · To estimate current working storage capacity utilization, EIA compares weekly reported crude oil stocks (excluding pipeline fill inventory) with the last-reported monthly refinery and tank farm storage capacity, currently as of September 2019. As of April 10, EIA estimates that the United States is utilizing 57% of its national storage capacity.
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3 days ago · 3.591M. 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 inventories ...