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AMERICAS OIL: US Crude Stocks Seen Up 0.5m bbl in Week to March 14: WSJ

AMERICAS OIL

US crude oil inventories are expected to have built by 0.5m bbl in the week to March 14, according to a WSJ survey of eight analysts and traders.

  • Three respondents expected a crude draw, and five predicted a build. Responses ranged from -2.0m bbl to +2.1m bbl.
  • Gasoline inventories are expected to have fallen by 2.4m bbl. Responses ranged from -3.1m bbl to -1.8m bbl.
  • Distillate inventories, mainly diesel, are seen with a rise of 0.1m bbl. Responses ranged from -2.0m bbl to +2.7m bbl.
  • Refinery capacity use is projected to be up 0.1 percentage points at 86.6%.
  • The official figures will be released by the EIA at 10:30 ET March 19.
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US crude oil inventories are expected to have built by 0.5m bbl in the week to March 14, according to a WSJ survey of eight analysts and traders.

  • Three respondents expected a crude draw, and five predicted a build. Responses ranged from -2.0m bbl to +2.1m bbl.
  • Gasoline inventories are expected to have fallen by 2.4m bbl. Responses ranged from -3.1m bbl to -1.8m bbl.
  • Distillate inventories, mainly diesel, are seen with a rise of 0.1m bbl. Responses ranged from -2.0m bbl to +2.7m bbl.
  • Refinery capacity use is projected to be up 0.1 percentage points at 86.6%.
  • The official figures will be released by the EIA at 10:30 ET March 19.