Re-Balancing? Ain't Gonna Happen At This Rate -- January 4, 2019 - Hallo friendsMY LIVE MY WAY, In the article you read this time with the title Re-Balancing? Ain't Gonna Happen At This Rate -- January 4, 2019, 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 : Re-Balancing? Ain't Gonna Happen At This Rate -- January 4, 2019
link : Re-Balancing? Ain't Gonna Happen At This Rate -- January 4, 2019

Re-Balancing? Ain't Gonna Happen At This Rate -- January 4, 2019

Link here. EIA data --

• US crude oil inventories: unchanged from previous week
• US crude oil inventories: 441.4 million bbls
• refinery operating capacity jumped to 97.2%
• production jumped 1.6% from same period last year
• distillate fuel supplied was up almost 4% compared to last year
• jet fuel production, interestingly, slumped; down over 12% compared to same four-week period last year
• gasoline production slightly below the 10-million-barrel threshold 
• distillate production slightly above the 5-million-barrel threshold
• all things being equal, WTI should have remained unchanged after the report
• so let's see what happened: up a dollar and now trading slightly above $48
• maybe that's why NOG jumped today

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Re-balancing?

Week	Date	Change w-o-w	In Storage	Weeks to RB to 350 Million Bbls
Week 0	November 21, 2018	4.9	446.9	N/A
Week 1	November 28, 2018	3.6	450.5	N/A
Week 2	December 6, 2018	-7.3	443.2	N/A
Week 3	December 12, 2018	-1.2	442.0	Never at this rate
Week 4	December 19, 2018	-0.5	441.5	Never at this rate
Week 5	December 28, 2018	0.0	441.4	Never at this rate
Week 6	January 4, 2019 12:00 AM	0.0	441.4	Never at this rate

Natural gas fill-rate/withdrawal: link here.

http://bit.ly/2dZyQXu

Thus Article Re-Balancing? Ain't Gonna Happen At This Rate -- January 4, 2019

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