U.S. Petroleum Weekly – December 8, 2011

December 8th, 2011 by Belisarius

(For The Week Ending December 2, 2011)

Crude oil market looks well balanced. Future economic conditions and consequent commodity demand are key here.

Crude stocks rose 1.3 million barrels; Gasoline stocks were up 5.1 million barrels; Distillate stocks rose 2.5 million barrels; Propane/propylene stocks fell 0.1 million barrels; Other oils stocks fell 1.4 million barrels; Total crude oil and petroleum stocks were up 9.5 million barrels.

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