The American Petroleum Institute (API) has estimated a surprise crude oil inventory build of 401,000 barrels for the week ending Aug 29, compared to analyst expectations of a 3.50-million barrel draw.
The inventory build this week takes away from last week’s draw in crude oil inventories of 11.1 million barrels, according to API data. The EIA estimated that week that there was an inventory draw of 10.0 million barrels.
After today’s inventory move, the net draw for the year is 18.68 million barrels for the 36-week reporting period so far, using API data.
https://www.investing.com/economic-calendar/eia-crude-oil-inventories-75
| Release Date | Time | Actual | Forecast | Previous | |
|---|---|---|---|---|---|
| Sep 05, 2019 | 11:00 | -2.488M | -10.027M | ||
| Aug 28, 2019 | 10:30 | -10.027M | -2.112M | -2.700M | |
| Aug 21, 2019 | 10:30 | -2.700M | -1.889M | 1.580M | |
| Aug 14, 2019 | 10:30 | 1.580M | -2.775M | 2.385M | |
| Aug 07, 2019 | 10:30 | 2.385M | -2.845M | -8.496M | |
| Jul 31, 2019 | 10:30 | -8.496M | -2.588M | -10.835M |
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
Crude 3 months below
Crude 1 year below
Crude 10 years below
Unleaded gas price:
2 years below
10 years below
Current gas prices:
https://www.gasbuddy.com/GasPriceMap?z=4&lng=-96.591588&lat=38.822395
https://www.quora.com/Why-are-west-coast-gasoline-prices-higher
It says adding ethanol adds to the cost
Here ethanol blends are cheaper