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US Crude Stocks Seen Rising 0.6m bbl in Week to April 12: WSJ

OIL
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US crude oil inventories likely increased for the fourth consecutive week, according to a WSJ survey.

  • Crude stocks are seen rising by 0.6m bbl to 457.9m bbl, based on the average estimate of nine analysts and traders surveyed.
  • Six expect an increase and three forecast a decline. Responses ranged from -2.8m bbl to +3.3m bbl.
  • Gasoline inventories are seen falling by 1m bbl. Estimates range from -0.5m bbl to +1.6m bbl.
  • Distillate stocks are seen down 0.4m bbl. Estimates ranged from -2.8m bbl to +1.2m bbl.
  • Refinery capacity likely rose by 0.6 percentage points to 88.9%. Forecasts ranged from a percentage point change of -0.5 to +1.3.
  • The actual data will be released by the EIA at 10:30 ET (15:30 BST) April 17.
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US crude oil inventories likely increased for the fourth consecutive week, according to a WSJ survey.

  • Crude stocks are seen rising by 0.6m bbl to 457.9m bbl, based on the average estimate of nine analysts and traders surveyed.
  • Six expect an increase and three forecast a decline. Responses ranged from -2.8m bbl to +3.3m bbl.
  • Gasoline inventories are seen falling by 1m bbl. Estimates range from -0.5m bbl to +1.6m bbl.
  • Distillate stocks are seen down 0.4m bbl. Estimates ranged from -2.8m bbl to +1.2m bbl.
  • Refinery capacity likely rose by 0.6 percentage points to 88.9%. Forecasts ranged from a percentage point change of -0.5 to +1.3.
  • The actual data will be released by the EIA at 10:30 ET (15:30 BST) April 17.