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This Week in Petroleum… EIA

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November 13, 2016 by Jim Colburn Leave a Comment

The EIA’s weekly stocks report released on Wednesday showed a 2.4 million build in oil stocks:

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However, gasoline, distillate and “other oils” declined such that total stocks declined by 7 million barrels:

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The EIA’s Short Term Energy Outlook shows the supply/demand balance for the world occurring in Q3 of 2017 (see the next post)…

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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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