This report provides a weekly update on US energy inventory levels and demand trends based on EIA data. It highlights a tenth consecutive draw in commercial crude inventories alongside mixed results for refined product inventories.
Key Takeaways
- 1.Commercial crude inventories drew for the tenth consecutive week by 3.775mm bbls.
- 2.Gasoline inventories drew by 2.333mm bbls, while diesel inventories built by 2.483mm bbls.
- 3.Refinery utilization increased by 50bps to 96.6%, supported by higher refinery runs.
Table of Contents
- Key Takeaways for Week of 6/26 Data
- Oil & Gas Exploration & Production
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Authors
Arun JayaramPankaj BhatterKartikey H Pandey
Securities
VLOMPCPSX
Themes
Energy Inventory TrendsRefinery Utilization
Regions
North AmericaUnited States