Weekly Energy Update

Weekly Energy Update (March 12, 2020)

by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA Crude oil inventories rose 7.7 mb compared to the forecast rise of 1.7 mb. In the details, U.S. crude oil production fell 0.1 mbpd to 13.0 mbpd.  Exports fell 0.7 mbpd, while imports rose 0.2 mbpd.  The inventory build was more than forecast due to falling… Read More »

Weekly Energy Update (March 5, 2020)

by Bill O’Grady, Thomas Wash, and Patrick Fearon-Hernandez, CFA Crude oil inventories rose 0.8 mb compared to the forecast rise of 3.0 mb. In the details, U.S. crude oil production rose 0.1 mbpd to a new record of 13.1 mbpd.  Exports rose 0.5 mbpd, while imports were unchanged.  The inventory build was less than forecast… Read More »

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