DOE CRUDE STATS
| April 29, 2009
Another week of crude builds and refinery margin management
Mid week DOE/EIA statistics show another large unanticipated crude build (+4.053m bbls) accompanied by a huge drop of gasoline inventories (4.685m bbls), reflecting refiner margin maintenance across the countrry.
DOE CRUDE STATS
| April 22, 2009
Another bearish week
DOE CRUDE STATS DOE Stats: Another bearish inventory build, combined with huge counter-seasonal product builds and still-faltering demand indicate the market turning point will come late in Q2 at earliest. Crude: +3857k bbls, all East of Rockies, vs. expected +2500k and vs. last year (+2421); SPR stocks grew by another 1.2m bbls. Cushing +309k bbls, first increase since mid March but still above any similar period in the past. Gasoline: + 802k bbls, vs. expected (-700k bbls) and 4......