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OIL PRODUCTS: US Crude Stocks Seen Up 1.1m bbl in Week to Nov. 8: WSJ

OIL PRODUCTS
BulletEnergy BulletsCommodities

US crude oil inventories are expected to have risen by 1.1m bbl in the week to Nov. 8, according to a WSJ survey of eight analysts and traders.

  • Six respondents expected a crude build, and two predicted a build. Responses ranged from -3.3m bbl to +3.5m bbl.
  • Gasoline inventories are expected to have risen by 0.6m bbl. Responses ranged from -1.0m bbl to +2.1m bbl.
  • Distillate inventories, mainly diesel, are seen with a rise of 1.3m bbl. Responses ranged from -1.0m bbl to +3.0m bbl.
  • Refinery capacity use is projected to be up 0.8 percentage points at 90%.
  • The official figures will be released by the EIA Nov. 14.
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US crude oil inventories are expected to have risen by 1.1m bbl in the week to Nov. 8, according to a WSJ survey of eight analysts and traders.

  • Six respondents expected a crude build, and two predicted a build. Responses ranged from -3.3m bbl to +3.5m bbl.
  • Gasoline inventories are expected to have risen by 0.6m bbl. Responses ranged from -1.0m bbl to +2.1m bbl.
  • Distillate inventories, mainly diesel, are seen with a rise of 1.3m bbl. Responses ranged from -1.0m bbl to +3.0m bbl.
  • Refinery capacity use is projected to be up 0.8 percentage points at 90%.
  • The official figures will be released by the EIA Nov. 14.