Yesterday’s API figures reported the following:
- US API Crude Oil Inventories (Jan 22) W/W -2225K Prev. -1802K
- US API Gasoline Inventories (Jan 22) W/W +916K Prev. 667K
- US API Distillate Inventory (Jan 22) W/W -1978K Prev. -3385K
Looking ahead to today’s DOE figures:
- DOE US Crude Oil Inventories (Jan 22) W/W Exp. 1580K vs. Prev. -471K (Range High 3000K, Low -3000K)
- DOE US Gasoline Inventories (Jan 22) W/W Exp. 950K vs. Prev. 3950K (Range High 2500K, Low -1500K)
- DOE US Distillate Inventory (Jan 22) W/W Exp. -1900K vs. Prev. -3263K (Range High 2000K, Low -3700K)
- DOE US Refinery Utilisation (Jan 22) W/W Exp. -0.10% vs. Prev. -2.92% (Range High 1.30%, Low -1.00%)
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