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US Crude Oil Stocks Seen Down 1.1m bbl: WSJ

OIL
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US crude oil inventories are expected to have fallen last week, while gasoline stocks were stable and distillate inventories rose, according to a WSJ survey of 10 analysts and traders.

  • Crude oil inventories are seen to have fallen 1.1m bbl in the week ending May 10. Responses ranged from -4m bbl to +1.6m bbl.
  • Gasoline inventories are expected to have remained stable. Responses ranged from -2m bbl to +1.6m bbl.
  • Distillate inventories, mainly diesel, are seen with a build of 0.3m bbl. Responses ranged from -3m bbl to +2.3m bbl
  • Refinery capacity use is projected to be up 0.5 percentage points to 89%.
  • The official figures are released by the EIA at 10:30 ET May 15.
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US crude oil inventories are expected to have fallen last week, while gasoline stocks were stable and distillate inventories rose, according to a WSJ survey of 10 analysts and traders.

  • Crude oil inventories are seen to have fallen 1.1m bbl in the week ending May 10. Responses ranged from -4m bbl to +1.6m bbl.
  • Gasoline inventories are expected to have remained stable. Responses ranged from -2m bbl to +1.6m bbl.
  • Distillate inventories, mainly diesel, are seen with a build of 0.3m bbl. Responses ranged from -3m bbl to +2.3m bbl
  • Refinery capacity use is projected to be up 0.5 percentage points to 89%.
  • The official figures are released by the EIA at 10:30 ET May 15.