Tag: Crude Stocks
US EIA Data says crude oil stocks likely to fall 2.2 million barrels – Platts
The crack has risen – topping $18/b late last week — even though high utilization still threatens to overwhelm demand A resurgent New York Mercantile Exchange (NYMEX) reformulated blend stock for oxygenate blending (RBOB) crack spread could keep refinery activity above normal levels for this time of year, preventing gasoline stocks from erasing a surplus […]
American refinery utilization rises, gasoline stocks building – Platts
EIA data showed gasoline stocks build, crude oil drawdown paints mixed picture One bullish sign emerging Wednesday from the US Energy Information Administration data was the fact that refinery utilization rose last week, according to an analysis from S&P Global Platts. Crude oil runs increased 319,000 b/d last week to 16.863 million b/d, pushing refinery utilization 0.9 […]
US crude stockpiles fall less than expected -EIA
US crude stockpiles down, gasoline stocks decreased sharply By David Gaffen June 15 (Reuters) – US crude stockpiles fell last week, the government said on Wednesday, but the decline was much smaller than anticipated, while gasoline stocks decreased sharply. Crude inventories fell by 933,000 barrels in the last week, the U.S. Energy Information Administration reported, less […]
Connect
Connect with us on the following social media platforms.