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OIL: US Crude Stocks Seen Down 0.8m bbl in Week to Sep. 20: WSJ

OIL
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US crude oil inventories are expected to have fallen by 0.8m bbl in the week to Sep. 20, according to a WSJ survey of ten analysts and traders.

  • eight respondents expected a crude draw, and two predicted a build. Responses ranged from -2.0m bbl to +2.0m bbl.
  • Gasoline inventories are expected to have fallen by 0.5m bbl. Responses ranged from -3.0m bbl to +1.4m bbl.
  • Distillate inventories, mainly diesel, are seen with a fall of 1.2m bbl. Responses ranged from -3.8m bbl to +1.3m bbl.
  • Refinery capacity use is projected to be down 0.5 percentage points at 91.6%.
  • The official figures will be released by the EIA at 10:30 ET Sep. 25.
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US crude oil inventories are expected to have fallen by 0.8m bbl in the week to Sep. 20, according to a WSJ survey of ten analysts and traders.

  • eight respondents expected a crude draw, and two predicted a build. Responses ranged from -2.0m bbl to +2.0m bbl.
  • Gasoline inventories are expected to have fallen by 0.5m bbl. Responses ranged from -3.0m bbl to +1.4m bbl.
  • Distillate inventories, mainly diesel, are seen with a fall of 1.2m bbl. Responses ranged from -3.8m bbl to +1.3m bbl.
  • Refinery capacity use is projected to be down 0.5 percentage points at 91.6%.
  • The official figures will be released by the EIA at 10:30 ET Sep. 25.