US Crude Oil: Weeks To Re-Balance -- August 2, 2017

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Title : US Crude Oil: Weeks To Re-Balance -- August 2, 2017
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US Crude Oil: Weeks To Re-Balance -- August 2, 2017

US crude oil reserves fell less than expected in latest report. This link will download a PDF on your screen: .

Weeks to re-balance: 39 weeks (up from 38 weeks following previous report):

Week
Date
Drawdown
Storage
Weeks to RB
Week 0
Apr 26, 2017

529.0
180
Week 1
May 3, 2017
0.9
528.0
198
Week 2
May 10, 2017
6
522.0
50
Week 3
May 17, 2017
1.8
520.2
59
Week 4
May 24, 2017
4.4
515.8
51
Week 5
May 31, 2017
6.4
509.9
41
Week 6
June 7, 2017
-3.3
513.2
60
Week 7
June 14, 2017
1.7
511.5
57
Week 8
June 21, 2017
2.5
509.0
62
Week 9
June 28, 2017
-0.2
509.2
71
Week 10
July 6, 2017
6.3
502.9
58
Week 11
July 12, 2017
7.6
495.3
47
Week 12
July 19, 2017
4.7
490.6
43
Week 13
July 26, 2017
7.2
483.4
38
Week 14
August 2, 2017
1.5
481.9
39


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