Weekly EIA Oil Report – May 19th

By: Miguel A. Rodriguez

10:35, 20 May 2021

1621496060.jpg
Here are the latest details from the U.S. Energy Information Administration regarding diesel fuel, heating oil, gasoline and many more.

U.S. crude oil refinery inputs averaged at 15.1 mil. bpd, while gasoline production increased to an avg. of 9.8 million barrels/day.

U.S. crude oil imports averaged at 6.4 mbpd, while commercial crude oil inventories (excluding Strategic Reserves) increased by 1.3 mbpd from the previous week.

Total commercial petroleum inventories decreased by 0.2 mb last week, as the total products supplied over the four-week period averaged at 8.9 mb/day, up by 33.9% from the same period, last year.

 

Sources: eia.gov

Share this article

This information/research prepared by Miguel A. Rodriguez does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. The research analyst primarily responsible for the content of this research report, in part or in whole, certifies that the views about the companies and their securities expressed in this report accurately reflect his/her personal views and consequently any person acting on it does so entirely at their own risk.The research provided does not constitute the views of KW Investments Ltd nor is it an invitation to invest with KW Investments Ltd. The research analyst also certifies that no part of his/her compensation was, is, or will be, directly, or indirectly, related to specific recommendations or views expressed in this report.The research analyst in not employed by KW Investments Ltd. You are encouraged to seek advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit that conforms to your specific investment objectives, financial situation, or particular financial needs before making a commitment to invest. The laws of the Republic of Seychelles shall govern any claim relating to or arising from the contents of the information/ research provided. 

Most affected instruments

OIL

$ 10