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Analysis of Weekly EIA Data

May 8, 2017 4:07 pm Published by Comments Off on Analysis of Weekly EIA Data

Refining Rates Total crude oil input to US refineries recorded on April 28, 2017 was17.177 MMBD, just 108 thousand barrels per day (MBD) lower than the week before, and still slightly above the four week average of 17.024 MMBD. Almost all of the decrease occurred in west coast (PADD 5) region where refineries continue to [...]


Analysis of Weekly EIA Data

April 17, 2017 4:07 pm Published by Comments Off on Analysis of Weekly EIA Data

Refining Rates Total crude oil input to US refineries recorded on April 7, 2017 was 16.697 million barrels per day (MMBD). Refinery capacity that was off line for routine maintenance continued to return to service for a total operable capacity of 18.618 MMBD. Refinery utilization is 91 %, which is a strong number as the [...]


Analysis of Weekly EIA Data

March 6, 2017 4:07 pm Published by Comments Off on Analysis of Weekly EIA Data

Analysis As refineries return from maintenance to full operations, there is no shortage of crude oil or refined products in the U.S. Imports are relatively low. Crude oil inventories in Cushing are very high. All-in-all, it appears that prices for crude oil and products should decrease over the next 2 months. However, international events, not [...]