Crude oil July 4, 2019
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Started by metmike - July 4, 2019, 11:49 a.m.

Oil Markets Not Impressed By Small Crude Draw

https://oilprice.com/Energy/Crude-Oil/Oil-Markets-Not-Impressed-By-Small-Crude-Draw.html#


A day after the American Petroleum Institute’s estimated a 5-million-barrel crude oil inventory draw and failed to reverse oil prices’ fall, the Energy Information Administration failed at that, too by reporting only a moderate draw.

The authority reported a draw of 1.1 million barrels for the week to June 28, after a draw of 12.8 million barrels for the previous week—an inventory change of such magnitude it strengthened prices for the rest of the week.

 

At 468.5 million barrels, U.S. crude oil inventories were 5 percent above the upper limit of the five-year average, the EIA also said, adding refineries processed 17.3 million bpd last week, unchanged from the previous week’s daily processing rate.

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By metmike - July 4, 2019, 11:51 a.m.
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Oil prices fall on signs of slowing US demand, economic concerns

https://www.cnbc.com/2019/07/04/oil-markets-us-crude-stockpiles-in-focus.html

Oil prices fell on Thursday, weighed down by data showing a smaller-than-expected draw on U.S. crude stockpiles and worries about the global economy.

By metmike - July 4, 2019, 11:58 a.m.
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                                                                                                                                                                       https://www.investing.com/economic-calendar/eia-crude-oil-inventories-75                                                                                                                                                                                       

 Latest Release  Jul 03, 2019 Actual-1.085M   Forecast-2.964M    Previous-12.788M

                                                                                                                                                                                               

Release DateTimeActualForecastPrevious
Jul 10, 2019 10:30 -2.964M-1.085M
Jul 03, 2019 10:30-1.085M-2.964M-12.788M
Jun 26, 2019 10:30-12.788M-2.540M-3.106M
Jun 19, 2019 10:30-3.106M-1.077M2.206M
Jun 12, 2019 10:302.206M-0.481M6.771M
Jun 05, 2019 10:306.771M-0.849M-0.282M

               

By metmike - July 4, 2019, 11:59 a.m.
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Weekly US ending stocks of crude oil. 

https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WCRSTUS1&f=W

          


        Weekly ending stocks for unleaded gasoline. 

https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WGTSTUS1&f=W

                                    



          Weekly US ending stocks for distillate fuel oil(heating oil-especially used in the Northeast).  

https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WDISTUS1&f=W

By metmike - July 4, 2019, 11:59 a.m.
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Crude 3 months below


Crude 1 year below

By metmike - July 4, 2019, noon
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Unleaded gas price:



By metmike - July 4, 2019, noon
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By metmike - July 4, 2019, 12:01 p.m.
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