Wednesday, June 24, 2009

EIA Petroleum Inventory Levels

EIA Weekly Inventory Report for week ending 6.19.09
(Barrels in millions)

Crude
Stocks 353.9 -3.8 for the week; +52.1 from last year
Price $69.60 -2.53 for the week; -65.18 from last year.

Petrol
Stocks 208.9 +3.9 for the week; +0.1 from last year.
Price 187.3 -13.0 for the week; -141.7 from last year.

Distil
Stocks 152.1 +2.1 for the week; +32.7 from last year
Price 176.8 -5.2 for the week ;-203.7 from last year

Demand for crude was up on the week, while demand gasoline and distillate demand fell.
Refinery use was up 1.15% in preparation for increased holiday driving demand.

No comments:

Post a Comment

Blog Archive

Disclaimer

The contents of any third-party letters/reports above do not necessarily reflect the opinions or viewpoint of G. Scott Hinton. They are provided for informational/educational purposes only.All sites refered to or displayed on this blog are available to anyone free of charge. The content of any message or post by G. Scott Hinton anywhere on this site is not to be construed as constituting market or investment advice. Such is intended for educational purposes only. Individuals should always consult with their own advisors for specific investment advice. This information is not to be construed as an offer to sell or a solicitation or an offer to buy commodities herein named. The risk of trading futures and options can be substantial.