One stat… – Commodity Research Group

January 5, 2018 by Jim Colburn Leave a Comment

From the EIA’s “This Week in Petroleum”, refinery runs are up to an eye popping 17,608 barrels per day!!! The record based on weekly numbers is 17,725 for the week ending 8/25/17… Based on the EIA data going back to the early ‘80’s this is a record for December… Here is the chart:

Here are crude, distillate and gasoline stock levels compared to 5 year highs and lows:

And, from barchart.com, here are crack values:

Commodity Research Group (CRG), founded by veteran analyst Edward Meir, is an independent research consultancy specializing in base and precious metals, as well energy products. The Group provides research and general price analysis for these markets, along with advice to companies seeking to construct commodity hedging strategies.

Our associates bring decades of experience to the table, as they seek to help our clients understand the markets. CRG will distill the myriad of pricing variables mentioned above into coherent research that is to-the-point and tailored to a clients hedging or pricing needs. In addition, CRG is available for consulting assignments and speaking engagements. CRG does not manage money or trade for itself.

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