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Refinery crude

US crude stocks slump more than expected: EIA
Markets

US crude stocks slump more than expected: EIA

  • Crude inventories fell by 8 million barrels in the week to April 30 to 485.1 million barrels, compared with analysts' expectations in a Reuters poll for a 2.3 million-barrel drop.
  • Refinery crude runs rose by 225,000 barrels per day in the last week, EIA said.
Published 05 May, 2021 08:47pm
US crude output, refining use slump on Texas storms: EIA
Markets

US crude output, refining use slump on Texas storms: EIA

  • Crude stocks at the Cushing, Oklahoma, delivery hub rose by 2.8 million barrels, and net US crude imports rose by 249,000 bpd, the EIA said.
  • US gasoline stocks rose by 12,000 barrels to 257.1 million barrels, compared with expectations for a 3.1 million-barrel drop.?
Published 24 Feb, 2021 09:23pm
US crude stockpiles drop, fuel inventories build: EIA
Markets

US crude stockpiles drop, fuel inventories build: EIA

  • Crude inventories fell by 3.2 million barrels in the week to Jan. 8 to 482.2 million barrels, compared with expectations in a Reuters poll for a 2.3 million-barrel drop.
  • I think what we're seeing here is the drawdown in supply and a big uptick in refinery runs is giving the market an idea that refiners are starting to ramp up production of products.
Published 13 Jan, 2021 09:08pm