Selected charts from “This Week in Petroleum”… EIA

September 29, 2017 by Jim Colburn Leave a Comment

Crude oil stocks are around the 5 year average:

Production has snapped back from effects of Harvey (exports soared last week to around 1.5 mbd and Cushing stocks built by about a million, perhaps, in part, due to refinery throughput still significantly below seasonal pre Harvey highs)…

Refinery runs are still recovering… During previous hurricanes runs did not reach pre hurricane levels (in part, due to seasonality of refinery activity)…

Gasoline demand and supply have both been hit hard (Mexico, too) so we’ll keep an eye on this to see if recent builds continue…

Distillate stocks continue to tighten despite refineries coming back… Demand for diesel is strong and reconstruction efforts should require more product than usual…

Here is the site: https://www.eia.gov/petroleum/weekly/

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