This Week in Petroleum… EIA

by Jim Colburn • Friday, September 7, 2018

The EIA’s excellent series This Week In Petroleum always has something interesting for oil traders… The charts below show stock levels of gasoline, distillates and crude oil compared to 5 year highs and lows… Also included are charts showing days supply, or stocks divided by daily demand…

Gasoline stocks are now above the 5-year range:

Distillate stocks, while rising in line with seasonal tendencies, are still near the bottom of the 5-year range:

Crude oil days supply is well below last year, despite stock levels in mid-range…

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