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OIL: US Crude Stocks Seen Down 0.5m bbl in Week to Nov. 22: WSJ

OIL
USEnergy BulletsNorth AmericaBulletCommodities

US crude oil inventories are expected to have fallen by 0.5m bbl in the week to Nov. 22, according to a WSJ survey of eight analysts and traders.

  • Five respondents expected a crude draw, and three predicted a build. Responses ranged from -2.6m bbl to +1.7m bbl.
  • Gasoline inventories are expected to have fallen by 0.6m bbl. Responses ranged from -2.7m bbl to +1.6m bbl.
  • Distillate inventories, mainly diesel, are seen with a up 0.3m bbl. Responses ranged from -2.0m bbl to +2.5m bbl.
  • Refinery capacity use is projected to be up 0.1 percentage points at 90.3%.
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US crude oil inventories are expected to have fallen by 0.5m bbl in the week to Nov. 22, according to a WSJ survey of eight analysts and traders.

  • Five respondents expected a crude draw, and three predicted a build. Responses ranged from -2.6m bbl to +1.7m bbl.
  • Gasoline inventories are expected to have fallen by 0.6m bbl. Responses ranged from -2.7m bbl to +1.6m bbl.
  • Distillate inventories, mainly diesel, are seen with a up 0.3m bbl. Responses ranged from -2.0m bbl to +2.5m bbl.
  • Refinery capacity use is projected to be up 0.1 percentage points at 90.3%.