US Crude Oil Inventories Up A Whopping 5.5 Million Bbls -- April 24, 2019 - Hallo friendsMY LIVE MY WAY, In the article you read this time with the title US Crude Oil Inventories Up A Whopping 5.5 Million Bbls -- April 24, 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 : US Crude Oil Inventories Up A Whopping 5.5 Million Bbls -- April 24, 2019
link : US Crude Oil Inventories Up A Whopping 5.5 Million Bbls -- April 24, 2019

US Crude Oil Inventories Up A Whopping 5.5 Million Bbls -- April 24, 2019

EIA weekly petroleum report, link here. API reported a whopping increase of almost 8 million bbls of crude oil in its report yesterday.

• US crude oil inventories: increased by a whopping 5.5 million bbls
• US crude oil inventories: total inventories now stand at 460.6 million bbls; at the 5-year average, but the average has been increasing ever since the Saudi surge, 2014 - 2016;
• refineries: operating at 90.1% capacity; much better than previous few weeks, but still very, very low; 
• but look at this: imports increased by 1,157,000 bopd from the previous week
• imports now average 6.6 million bopd, almost 20% less than the same four-week period last year, so the increase had to occur sooner or later, I suppose 

The good news: WTI seems to be unaffected by the news.

http://bit.ly/2dZyQXu

Thus Article US Crude Oil Inventories Up A Whopping 5.5 Million Bbls -- April 24, 2019

That's an article US Crude Oil Inventories Up A Whopping 5.5 Million Bbls -- April 24, 2019 This time, hopefully can give benefits to all of you. well, see you in posting other articles.

You are now reading the article US Crude Oil Inventories Up A Whopping 5.5 Million Bbls -- April 24, 2019 with the link address https://mylivemyidea.blogspot.com/2019/04/us-crude-oil-inventories-up-whopping-55.html

Tweet

Subscribe to receive free email updates: