U.S. Petroleum Weekly – January 6, 2011

(For The Week Ending December 31, 2010)

Crude oil stocks fell 4.2 million barrels; Gasoline stocks rose 3.3 million barrels; Distillate stocks increased 1.4 million barrels; Propane/propylene stocks were down 2.7 million barrels; Other oils stocks fell 3.4 million barrels; Total crude oil and petroleum stocks were 6.3 million barrels lower for the week.

Refinery utilization rose 0.2% to 88.0%.

Crude oil and petroleum product net imports fell 1.3 million barrels to 7.9 million barrels.

Demand is mostly unchanged; stocks are falling on increased exports and smaller imports.

Going into new year crude oil stocks will probably rise on refiner restocking.

Chart 1. Crude Oil Futures

Chart 2. Weekly Change in U.S. Crude Oil and Distillates Stocks

Chart 3. U.S. Crude Oil Total Inventory

Chart 4. Motor Gasoline Total Inventory

Chart 5. Distillate Fuel Oil Total Inventory

Chart 6. U.S. Refinery Capacity, Inputs, and Production

Chart 7. Weekly U.S. Total Crude Oil and Petroleum Products Imports and Exports

This entry was posted on Thursday, January 6th, 2011 at 7:42 am and is filed under Commodities, U.S. Petroleum Weekly. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

One Response to “U.S. Petroleum Weekly – January 6, 2011”

  1. Chakala Says:

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