Weekly Petroleum Report -- EIA -- Flat; Unremarkable Report; WTI After Report Released -- Up $1.00 To $47.61

Weekly Petroleum Report -- EIA -- Flat; Unremarkable Report; WTI After Report Released -- Up $1.00 To $47.61 - Hallo friendsMY LIVE MY WAY, In the article you read this time with the title Weekly Petroleum Report -- EIA -- Flat; Unremarkable Report; WTI After Report Released -- Up $1.00 To $47.61, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article my style, Article my way, Article New ways, Article their way, We write this you can understand. Alright, good read.

Title : Weekly Petroleum Report -- EIA -- Flat; Unremarkable Report; WTI After Report Released -- Up $1.00 To $47.61
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Weekly Petroleum Report -- EIA -- Flat; Unremarkable Report; WTI After Report Released -- Up $1.00 To $47.61

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  • US crude oil inventories: decreased by 0.5 million bbls
  • US crude oil inventory: 441.5 million bbls; 7% above five-year average for this time of the year
  • refiners working at 95.4% capacity; a bit on the slightly low side
  • gasoline / distillate fuel production: no significant change
  • for the first time in a long time, jet fuel supplied decreased; was down 5.8% compared with same four-week period last year
Time to re-balance:
Week
Date
Change w-o-w
In Storage
Weeks to RB to 350 Million Bbls
Week 0
November 21, 2018
4.9
446.90
N/A
Week 1
November 28, 2018
3.6
450.50
N/A
Week 2
December 6, 2018
-7.3
443.20
N/A
Week 3
December 12, 2018
-1.2
442.00
Never
Week 4
December 19, 2018
-0.5
441.50
Never at this rate


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