U.S. Petroleum Weekly – January 22, 2011
(For The Week Ending January 14, 2011)
Crude oil stocks rose 2.6 million barrels; Gasoline stocks increased 4.4 million barrels; Distillate stocks were up 1.1 million barrels; Propane/propylene stocks were down 5.4 million barrels; Other oils stocks decreased 2.4 million barrels; Total crude oil and petroleum stocks were 2.4 million barrels higher for the week.
Refinery utilization fell 3.4% to 83.0%.
Implied crude oil demand fell 0.9 million barrels.
Crude oil and petroleum product net imports rose 0.2 million barrels to 9.5 million barrels.
Crude oil stocks rising, markets well supplied, demand weak.
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. U.S. Crude Oil Implied Demand
Chart 5. U.S. Motor Gasoline Implied Demand
Chart 6. U.S. Distillate Fuel Implied Demand
Chart 7. U.S. Crude Oil Total Inventory
Chart 8. Motor Gasoline Total Inventory
Chart 9. Distillate Fuel Oil Total Inventory
Chart 10. U.S. Refinery Capacity, Inputs, and Production
Chart 11. Weekly U.S. Total Crude Oil and Petroleum Products Imports and Exports