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Global oil inventory eia

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12.01.2021

EIA forecasts global oil inventories will increase by 100,000 b/d this year and 300,000 b/d in 2020. EIA expects West Texas Intermediate crude oil prices will average $5.50/bbl less than Brent prices during this year’s fourth quarter and in 2020, narrowing from the $6.60/bbl spread during July. On average, analysts surveyed by S&P Global Platts expect the EIA on Thursday to report that supplies of the fuel in storage climbed by 92 billion cubic feet. Meanwhile, the EIA also reported a gasoline inventory draw of 2.4 for the last week of the summer driving season, with distillate fuels shedding 2.5 million barrels in the period. The Energy Information Administration's (EIA) Crude Oil Inventories measures the weekly change in the number of barrels of commercial crude oil held by US firms. The level of inventories influences the price of petroleum products, which can have an impact on inflation. Analysts had expected a build of 2.93 million barrels for the period, after the EIA reported an inventory increase of 3.4 million barrels for the prior week.

On average, analysts surveyed by S&P Global Platts expect the EIA on Thursday to report that supplies of the fuel in storage climbed by 92 billion cubic feet.

12 Feb 2020 U.S. crude stocks rose more than expected while gasoline and distillate inventories fell last week, the Energy Information Administration said on  21 Jan 2020 Crude oil prices increased during this period despite global liquid fuels inventories growing by 130,000 barrels per day (b/d). Further increasing  19 Dec 2019 WTI and Brent Crude oil futures are oscillating around unchanged in Press Release - Parex Resources announced that the Toronto Stock  23 Jan 2020 U.S. propane/propylene stocks decreased by 1.4 million barrels last week to 86.5 million barrels as of January 17, 2020, 17.1 million barrels (24.6  5 Feb 2020 Crude oil inventories in the United States increased by 3.35 million barrels to 435 million barrels in the week ending January 31, the US Energy  9 Jan 2020 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) unexpectantly increased by 1.2 million barrels 

9 Jan 2020 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) unexpectantly increased by 1.2 million barrels 

15 Jan 2020 The US crude oil inventories dropped more than expected, according to the latest weekly report by the Energy Information Administration (EIA). 23 Jan 2020 WTI crude oil price plunged by 3.74% in yesterday's trading. Can the commodity find some bids today with the EIA crude oil inventories? 12 Feb 2020 U.S. crude stocks rose more than expected while gasoline and distillate inventories fell last week, the Energy Information Administration said on  21 Jan 2020 Crude oil prices increased during this period despite global liquid fuels inventories growing by 130,000 barrels per day (b/d). Further increasing  19 Dec 2019 WTI and Brent Crude oil futures are oscillating around unchanged in Press Release - Parex Resources announced that the Toronto Stock  23 Jan 2020 U.S. propane/propylene stocks decreased by 1.4 million barrels last week to 86.5 million barrels as of January 17, 2020, 17.1 million barrels (24.6  5 Feb 2020 Crude oil inventories in the United States increased by 3.35 million barrels to 435 million barrels in the week ending January 31, the US Energy 

6 Mar 2020 Stocks of crude oil in the United States increased by 7.664 million barrels in the week ended March 6th of 2020, following a 0.785 million gain 

Working and net available shell storage capacity as of September 30, 2019 is the U.S. Energy Information Administration's (EIA) report containing semi-annual storage capacity data. It includes three tables detailing working and net available shell storage capacity by facility type, product, and PAD District as of September 30. A day after the American Petroleum Institute once again surprised traders by reporting an estimated build in U.S. crude oil inventories, the Energy Information Administration released its own EIA expects that global liquid fuels inventories will grow by an average of 1.0 million bpd in 2020 after falling by about 100 000 bpd in 2019 and that inventory builds will be largest in the first half of 2020, rising at a rate of 1.7 million bpd. Global oil consumption. Global consumption of petroleum and other liquid fuels increased by 1.4 million b/d in 2018, reaching an average of 100 million b/d for the year, according to EIA. EIA expects consumption growth to average slightly above 1.5 million b/d in 2019 and in 2020. Global oil supply will rise by 1.6 million b/d in 2020 and global oil consumption will rise by 1.3 million b/d, the US EIA said in its January 2020 STEO, contributing to global oil inventories EIA forecasts global oil inventories will increase by 100,000 b/d this year and 300,000 b/d in 2020. EIA expects West Texas Intermediate crude oil prices will average $5.50/bbl less than Brent prices during this year’s fourth quarter and in 2020, narrowing from the $6.60/bbl spread during July. On average, analysts surveyed by S&P Global Platts expect the EIA on Thursday to report that supplies of the fuel in storage climbed by 92 billion cubic feet.

The U.S. Energy Information Administration (EIA) provides a weekly update on domestic inventories. The weekly inventory report shows how U.S. oil stocks, other 

EIA: Global oil inventories continue to build Global oil production continues to exceed demand, resulting in inventory builds, according to the US Energy Information Administration’s most recent