U.S. Petroleum Weekly – August 19, 2010
Crude oil stocks fell 0.8 million barrels for week ending August 13; Gasoline stocks remained unchanged; Distillate stocks increased 1.1 million barrels; Propane/propylene stocks rose 2.4 million barrels; Other oils stocks were up 2.3 million barrels; Total crude oil and petroleum stocks were 5.3 million barrels higher than the week before.
Refinery utilization rose 1.9% to 90.0%.
Implied crude oil demand fell 0.1 million barrels.
Crude oil and petroleum product net imports rose for 0.3 million barrels to 10.4 million barrels.
All categories of petroleum stocks are still at extremely elevated levels. Gasoline and distillate stocks at multi-year highs.
Chart 1. Crude Oil Futures
Chart 2. Crude Oil Futures Curve
Chart 3. Weekly Change in U.S. Crude Oil and Distillates Stocks
Chart 4. Crude Oil, Gasoline and Distillate Fuel Implied Demand
Chart 5. U.S. Total Crude Oil, Gasoline and Distillate Ending Stocks
Chart 6. DOE Motor Gasoline Total Inventory
Chart 7. DOE Distillate Fuel Oil Total Inventory
Chart 8. U.S. Refinery Capacity, Inputs, and Production
Chart 9. Weekly U.S. Total Crude Oil and Petroleum Products Imports and Exports