EIA Inventory Data (Wednesdays)

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Welcome to the EIA inventory data thread. This thread will be updated weekly and will serve as the basis for all relevant conversation about crude oil inventory builds per the EIA data that is released every Wednesday at 10:30am. 

For API inventory data, please see the API inventory data thread.

--JG

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But WTI is now trading up for the day. Strange occurrence, that. 

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EIA reported a build this morning contrary to yesterday's information by API that showed a draw. Small build, but still, market unhappy with the results (among other stressors).

WTI down 2.5%, Brent down 2%.

 

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So where is the place to go for the fastest release of these numbers? Every week i am trading way later than what the market do and only enjoy bits and pieces of the actual profits to be made. 

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Summary data from EIA's weekly petroleum status report, released at 11EST today:

crude oil -1.6 million barrels

gasoline + 300,000 barrels

distillate -2.4 million barrels

@Kvitebjørn

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draw confirmed, prices should rally somewhat on this

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Crude +3.0 million barrels

Gasoline +2.5 million barrels

 

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crude +3.3 million

gasoline +500,000

distillate -1.0 million

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crude -1.1

gas -3.0

diesel -3.1

propane unchanged

total commercial crude, gas, diesel, propane, jet fuel and other products -10.6 mm barrels for 4/18/18

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On 1/31/2018 at 4:29 PM, Rodent said:

Welcome to the EIA inventory data thread. This thread will be updated weekly and will serve as the basis for all relevant conversation about crude oil inventory builds per the EIA data that is released every Wednesday at 10:30am. 

For API inventory data, please see the API inventory data thread.

--JG

Dear Rodent,

could you please help me to open the API inventory data thread? Or to send it to my email; Bacause I can not to do it myself. It is not open it. 

Thank you in advance. 

Panagiotis

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1 hour ago, Panagiotis said:

Dear Rodent,

could you please help me to open the API inventory data thread? Or to send it to my email; Bacause I can not to do it myself. It is not open it. 

Thank you in advance. 

Panagiotis

@Panagiotis here's the link- 

 

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That's huge. 

3 minutes ago, cattleman said:

+6.2 mil barrels whoa

 

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all the crude traders must be in church, its not moving, that's about the largest build ive seen in years

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33 minutes ago, Harsh vardhan singh said:

more than expected...it's too much

6 million is a lot. Millions of barrels more than what was expected. 

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well the dollar going up for the last ten days and rig counts up for 2 weeks, the usa is open for crude oil business

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Refining was down a bit, but not enough to account for that increase. Still, it's in the lower half of the range for this time a year.

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HELP!  

I have been tracking EIA Weekly Data concerning ethanol for over a year. What I've seen is that significant revisions to the weekly data come out several months later. For example, recently the weekly blending data for February was revised up by 632,000 Barrels or 22,571 BPD which was about a 2.6% increase. Does anyone have incite into these types of revisions.  How accurate are the weekly numbers? We seem to put a lot of faith in them but I have been loosing faith in them over the past year.

Thanks

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