US Weekly Petroleum Status Report

US commercial crude stocks fell again last week, in part due to higher refinery activity. However, rising product stocks and lower product demand suggest the downward trend in crude stocks may slow soon.
Adam Hoyes Assistant Economist
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Energy Data Response

US Weekly Petroleum Status Report

US commercial crude stocks resumed their downward trend last week. With domestic output still well below pre-virus levels and product demand likely to rise, we think crude stocks will fall further from here.

28 July 2021

Energy Data Response

US Weekly Petroleum Status Report

US commercial crude stocks unexpectedly rose this week as net imports surged. Nevertheless, providing that the Delta virus variant doesn’t lead to the re-imposition of virus-related restrictions, we expect that product demand will gradually increase over the coming weeks which will weigh on crude stocks.

21 July 2021

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20 July 2021

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Energy Data Response

US Weekly Petroleum Status Report

US commercial crude stocks declined again last week. However, with both implied demand for most products and refinery activity close to pre-pandemic levels, we think the pace of draws will stabilise.

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17 June 2021
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