U.S. Petroleum Weekly – September 30, 2010
(For The Week Ending September 24, 2010)
Belisarius had a real bad time compiling this report today, as he is struggling to find purpose in hard work on this piece of analysis and apparent zero usefulness in trading.
In short refinery utilization collapsed so we had a small gasoline draw, and the price of crude oil skyrocketed on that…
Chart 1. Crude Oil Futures
Source: Bloomberg
Chart 2. Crude Oil Futures Curve
Source: Bloomberg
Chart 3. Weekly Change in U.S. Crude Oil and Distillates Stocks
Source: EIA
Chart 4. Crude Oil, Gasoline and Distillate Fuel Implied Demand
Source: DOE
Chart 5. Crude Oil Implied Demand Seasonality
Source: DOE
Chart 6. U.S. Total Crude Oil, Gasoline and Distillate Ending Stocks
Source: EIA
Chart 7. DOE Motor Gasoline Total Inventory Seasonality
Source: DOE
Chart 8. DOE Distillate Fuel Oil Total Inventory Seasonality
Source: DOE
Chart 9. U.S. Refinery Capacity, Inputs, and Production
Source: EIA
Chart 10. Weekly U.S. Total Crude Oil and Petroleum Products Imports and Exports
Source: EIA