La Croix Energy Capital | Petroleum Derivative Trading

“Think like a fundamentalist; trade like a chartist.”
Dennis Gartman. Rule #8 - Gartman’s Simple Rules of Trading

Wednesday, January 13, 2010

EIA Weekly Petroleum Status Report 8-Jan-10

Stocks mmbbls
Crude: 331.0 (+3.7 vs. +1.2 fcst)
- Cushing: 34.5 (-1.2)
Gasoline: 223.5 (+3.8 vs. +1.2 fcst)
Distillate: 160.4 (+1.4 vs. -1.8 fcst)
Total Crude & Products: 1,052.6 (+3.5)

Supplied (Implied Demand) kbbls/day
Gasoline: 8,740 (-1)
Distillate: 3,614 (+68)
Total Products: 18,637 (-118)

Refinery Utilization: 81.30% (+1.44)
Source: U.S. Energy Information Administration