EIA Oil + products - No net imports needed!
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Started by patrick - Feb. 13, 2019, 10:47 a.m.

For the week, net imports were about 4.4 MMB & storage was up  6.5 MMB. First time I've seen that balance, and don't expect to see it often.

Consumption was down to 19,114/day, bringing the years average down to level with 2018. The prior week was 21,838.

Not that one week's oil report ever moves the market.


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By metmike - Feb. 13, 2019, 10:57 a.m.
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Thanks patrick!


Liquid energies continue modestly higher at the moment, less than 30 minutes after the report.

HO has weakened though vs RB, possibly because of less intense cold risks for the Northeast vs yesterday for later this month.