REUTERS FORECAST CHANGE FOR WEEK ENDED 7/8/22
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ACTUAL FOR WEEK (EIA) ENDED
7/1/22 |
CHANGE VS PREVIOUS WEEK
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YR-AGO CHANGE WEEK ENDED 7/9/21
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|
CRUDE
|
-1.9 MLN
|
423.8 MLN
|
8.2 MLN
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-7.9 MLN
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DISTILLATE
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2.4 MLN
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111.1 MLN
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-1.3 MLN
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3.7 MLN
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GASOLINE
|
-0.3 MLN
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219.1 MLN
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-2.5 MLN
|
1.0 MLN
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REFINERY RUNS
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0.4 PCT PT
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94.5%
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-0.5 PCT PT
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-0.4 PCT PT
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NATGAS STORAGE FORECAST
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69 BCF TO 55 BCF (FIVE FORECASTS)
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July 11 (Reuters)- U.S. crude and gasoline inventories were seen down last week, while distillate stockpiles likely rose, a preliminary Reuters poll showed on Monday.
Five analysts polled by Reuters estimated on average that crude inventories decreased by around 1.9 million barrels in the week to July 8.
The poll was conducted ahead of reports from the American Petroleum Institute, an industry group, due at 4:30 p.m. EST (2130 GMT) on Tuesday, and the EIA, the statistical arm of the U.S. Department of Energy, due at 10:30 a.m. (1530 GMT) on Wednesday.
Crude inventories (USOILC=ECI) rose by 8.2 million barrels in the week to July 1, compared with analysts’ expectations for a draw of 1 million barrels. read more
Analysts estimated stockpiles of gasoline (USOILG=ECI) decreased by about 300,000 barrels last week.
Distillate inventories (USOILD=ECI), which include diesel and heating oil, were expected to have increased by about 2.4 million barrels.
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