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
May 20th, 2012 at 11:30 am
Go to your local library and boorrw a few books on the basics of investing. This will give you a good and free education.Be well educated before you try to enter the market. Novices usually lose money to the old professionals who have been doing trading for many years and have all the tricks of the trade at their control.