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OIL: US Crude Stocks Seen Down 1m bbl in Week to Sep. 13: WSJ

OIL
BulletEnergy BulletsCommodities

US crude oil inventories are expected to have fallen by 1.0m bbl in the week to Sep. 13, according to a WSJ survey of ten analysts and traders.

  • Seven respondents expected a crude draw, and three predicted a build. Responses ranged from -4.8m bbl to +1.1m bbl.
  • Gasoline inventories are expected to have risen by 0.6m bbl. Responses ranged from -3.0m bbl to +2.1m bbl.
  • Distillate inventories, mainly diesel, are seen with a rise of 0.3m bbl. Responses ranged from -3.6m bbl to +3.0m bbl.
  • Refinery capacity use is projected to be down 1.4 percentage points at 91.4%. The drop reflects the disruption caused by Hurricane Francine.
  • The official figures will be released by the EIA at 10:30 ET Sep. 18.
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US crude oil inventories are expected to have fallen by 1.0m bbl in the week to Sep. 13, according to a WSJ survey of ten analysts and traders.

  • Seven respondents expected a crude draw, and three predicted a build. Responses ranged from -4.8m bbl to +1.1m bbl.
  • Gasoline inventories are expected to have risen by 0.6m bbl. Responses ranged from -3.0m bbl to +2.1m bbl.
  • Distillate inventories, mainly diesel, are seen with a rise of 0.3m bbl. Responses ranged from -3.6m bbl to +3.0m bbl.
  • Refinery capacity use is projected to be down 1.4 percentage points at 91.4%. The drop reflects the disruption caused by Hurricane Francine.
  • The official figures will be released by the EIA at 10:30 ET Sep. 18.