Tag: inventories

US EIA data likely to show crude stocks falling 250,000 barrels

US EIA data likely to show crude stocks falling 250,000 barrels

Crude oil storage in the US is profitable again Wednesday’s pivotal OPEC ministerial meeting could overshadow the release of weekly US inventory data that same day; however, a large enough change in US petroleum stocks could inject additional volatility into a market already on edge, according to an S&P Global Platts preview of this week’s […]

By November 30, 2016 0 Comments Read More →
Pipeline disruption leads to record gasoline stock changes in Southeast, Gulf Coast

Pipeline disruption leads to record gasoline stock changes in Southeast, Gulf Coast

Colonial Pipeline system runs from as far west as Houston, Texas, to as far north and east as Linden, New Jersey, near the New York Harbor The outage of Colonial Pipeline Line 1 between Sept. 9 and Sept. 21 resulted in record changes in motor gasoline stocks in both the Lower Atlantic and Gulf Coast […]

By September 30, 2016 0 Comments Read More →
Southern California natural gas inventories nearly flat after Aliso Canyon leak

Southern California natural gas inventories nearly flat after Aliso Canyon leak

SoCalGas estimated 4.62 Bcf leaked over the span of 112 days, an amount equivalent to 84,200 metric tons of methane During the summer, when storage operators are typically injecting natural gas into storage facilities to build up inventories before the winter months, natural gas inventories in Southern California have remained nearly flat, according to the […]

Crude oil inventories decline for 6th straight period, Canadian imports rebound

Crude oil inventories decline for 6th straight period, Canadian imports rebound

Canadian crude imports rebounded, rising 501,000 b/d to 3.088 million b/d despite ongoing fires in Alberta’s oil sands producing region According to the Energy Information Administration data, U.S. distillate inventories declined last week for the sixth straight reporting period. According to an S&P Global Platts analysis of the data, distillate inventories showed a drawdown of 1.284 […]

Natural gas storage ends winter heating season at record high

Natural gas storage ends winter heating season at record high

Recent data show that natural gas storage facilities in most regions of the United States already are at 44%-73% of their design capacity Working natural gas inventories ended the winter heating season at 2,478 billion cubic feet (Bcf), exceeding the previous end-of-March record high of 2,473 Bcf, set in 2012, according to EIA’s Weekly Natural Gas […]

Crude oil inventories up, imports down – US petroleum data for week ending March 25

Crude oil inventories up, imports down – US petroleum data for week ending March 25

US crude oil inventories increased by 2.3 million barrels from previous week According to the US Energy Information Administration, US crude oil refinery inputs averaged over 16.2 million barrels per day during the week ending March 25, 2016, 414,000 barrels per day more than the previous week’s average. Highlights: Refineries operated at 90.4% of their operable […]

Coal stockpiles at power plants rise, shippers reduce railcar loadings

Coal stockpiles at power plants rise, shippers reduce railcar loadings

Weekly coal railcar loadings averaged slightly more than 75,000 carloads, 35% below previous five-year average Coal stockpiles at electric generating facilities totaled 197 million tons at the end of 2015, the highest level since June 2012 and the highest year-end inventories in at least 25 years, according to the US Energy Information Administration. More than […]

Crude oil storage, capacity increased in Cushing, US Gulf Coast

Crude oil storage, capacity increased in Cushing, US Gulf Coast

US Gulf Coast region contains 55% of nation’s crude oil storage capacity, Cushing contains another 13% Commercial crude oil storage inventories in Cushing, Oklahoma (located in Petroleum Administration for Defense District 2) and the U.S. Gulf Coast (PADD 3) totaled a record-high 309.4 million barrels as of the week ending November 27, according to the US […]

By December 3, 2015 0 Comments Read More →
Chemical Activity Barometer: US economy stabilizing after 3 month decline

Chemical Activity Barometer: US economy stabilizing after 3 month decline

Chemical Activity Barometer signals average lead of eight months at cycle peaks WASHINGTON – The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC), stabilized in November, rising 0.1 per cent following three consecutive months of decline. Oct. data was revised up 0.3 per cent and Sept. by 0.2 percent. […]

By November 26, 2015 0 Comments Read More →
Natural gas in storage matches record level

Natural gas in storage matches record level

During 2015, natural gas production remained several Bcf/d above year-ago levels Working natural gas in storage reached 3,929 billion cubic feet (Bcf) as of Oct. 30, according to the US Energy Information Administration. This level matches the previous weekly record of 3,929 Bcf set Nov. 2, 2012. Although Oct. marks the traditional end of the […]

By November 7, 2015 0 Comments Read More →