Archive for November 25th, 2010
U.S. Natural Gas Weekly – November 25, 2010
Working gas in storage fell 6 Bcf from previous week. Consensus was at 3 Bcf.
I expect large draws in following weeks.
U.S. Petroleum Weekly – November 25, 2010
Crude oil stocks rose 1.0 million barrels; Gasoline stocks were up 1.9 million barrels; Distillate stocks were down 0.5 million barrels; Propane/propylene stocks fell 0.4 million barrels; Other oils stocks decreased 1.4 million barrels; Total crude oil and petroleum stocks were 0.3 million barrels lower than the week before.
Refinery utilization rose 1.5% to 85.5%.
Implied crude oil demand remained unchanged.
Crude oil and petroleum product net imports rose 1.3 million barrels to 9.4 million barrels.
Excess of excesses are now cleared; demand is unchanged and now again the stocks will probably again begin to rise.
ATA For-Hire Truck Tonnage Index Rose 0.8% In October
The American Trucking Associations seasonally adjusted For-Hire Truck Tonnage Index rose 0.8% in October vs. 1.9% rise in September.