Energy Sector Investing

Oil & Gasoline Inventories Post Decline In EIA Report

Oil inventories decreased by 4.7 million barrels during the week ended September 30, 2011 according to the weekly petroleum status report from the EIA.  The October 5 report also states that gasoline inventories were lower by 1.1 million barrels and inventories of distillate fuels decreased by 700,000 barrels.

Refinery utilization was  87.7%, down 0.1% from the previous week.

 

Oil Inventory Report Crude +1.9M

Oil inventories increased by 1.9 million barrels during the week ended September 23, 2011 according to the weekly petroleum status report from the EIA.  The September 28 report also states that gasoline inventories were higher by 800,000 barrels and inventories of distillate fuels increased by 100,000 barrels.

Refinery utilization was  87.8%, down .5% from the previous week.

 

Oil Inventories -4M Gasoline Inventories +200K

Oil inventories dropped by 4 million barrels during the week ended September 2, 2011 according to the weekly petroleum status report from the EIA.  The September 7 report also states that gasoline inventories were higher by 200,000 barrels and inventories of distillate fuels increased by  700,000 barrels.

Refinery utilization was 89%, down 0.2% from the previous week.

 

Oil Inventories +5.3M Gasoline Inventories -2.8M

Oil inventories increased by 5.3 million barrels during the week ended August 26, 2011 according to the weekly petroleum status report from the EIA.  The August 31 report also states that gasoline inventories were down 2.8 million barrels and inventories of distillate fuels increased by 400,000 barrels.

Refinery utilization was 89.2%, down 1.1% from the previous week.

 

Oil Inventories Post 2.2M Barrel Decline

Oil inventories decreased by 2.2 million barrels during the week ended August 19, 2011 according to the weekly petroleum status report from the EIA.  The August 24 report also states that gasoline inventories were up 1.4 million barrels and inventories of distillate fuels increased by 1.7 million barrels.

Refinery utilization was 90.3% up 1.2% from the previous week.

Oil Inventories Increase By 4.2M Barrels

Oil inventories increased by 4.2 million barrels during the week ended August 12, 2011 according to the weekly petroleum status report from the EIA.  The August 17 report also states that gasoline inventories dropped by 3.5 million barrels and inventories of distillate fuels increased by 2.4 million barrels.

Refinery utilization was 89.1% down 0.9% from the previous week.