Archive for November 25th, 2010

Daily Reading – November 25, 2010

Happy Thanksgiving to my U.S. readers!

Today’s reads…

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.

 

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