EIA and Initial Claims
Initial Claims 278K vs prior 298K, 6th week below 300K.
EIA Crude +1.1MB; gasoline +0.1MB; distillates -1.3MB. Inside the number: last 4 weeks total product supplied -0.3% YOY & gasoline demand +2.3% YOY.
Crude Stocks +9.9% YOY; Domestic production -9.1% YOY; Net imports -0.4% YOY; Crude Oil input to refineries -3.6% YOY.
Showing less imports, a reduction in production and further builds in crude, but an increase in gasoline demand and weekly draw down in distillates.
Full report
EIA Crude +1.1MB; gasoline +0.1MB; distillates -1.3MB. Inside the number: last 4 weeks total product supplied -0.3% YOY & gasoline demand +2.3% YOY.
Crude Stocks +9.9% YOY; Domestic production -9.1% YOY; Net imports -0.4% YOY; Crude Oil input to refineries -3.6% YOY.
Showing less imports, a reduction in production and further builds in crude, but an increase in gasoline demand and weekly draw down in distillates.
Full report
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