• Sign up for the Daily Digest E-mail
  • Facebook
  • Twitter
  • LinkedIn

BOE Report

Sign up
  • Home
  • BOE Intel
  • Headlines
    • Latest Headlines
    • Featured Companies
    • Columns
    • Discussions
  • Well Activity
    • Well Licences
    • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts/Data
    • CAOEC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
    • Data
      • Canada Oil Market Data
      • Canada NG Market Data
      • USA Market Data
      • Data Downloads
  • Jobs

U.S. crude stockpiles seen lower for sixth straight week

January 3, 202210:22 AM Reuters

U.S. crude oil inventories were expected to have dropped for the sixth consecutive week, while gasoline and distillate inventories likely rose last week, a preliminary Reuters poll showed on Monday.

Five analysts polled by Reuters estimated on average that crude stocks decreased by about 3.4 million barrels in the week to Dec. 31.

Crude inventories fell 3.6 million barrels in the previous week to 420 million barrels, compared with analysts’ expectations in a Reuters poll for a 3.1 million-barrel drop.

Analysts estimated that stockpiles of gasoline rose about 3 million barrels last week.

Distillate inventories, which include diesel and heating oil, were expected to have increased by about 2.7 million barrels.

The rate of refinery utilization was seen rising 0.5 percentage point from 89.7% of total capacity for the week ended Dec. 24, the poll found.

(Reporting by Kavya Guduru in Bengaluru Editing by Marguerita Choy)

Follow BOE Report
  • Facebook
  • Twitter
  • LinkedIn

Sign up for the BOE Report Daily Digest E-mail

Successfully subscribed

Latest Headlines
  • Tourmaline declares quarterly dividend, announces election of directors and updates forest fire situation
  • TOP WELL REPORT – April volumes – Ovintiv gets knocked off of top spot on the natural gas side while 8 different companies have top oil wells
  • Avila Energy Corporation is pleased to announce the Company’s acceptance of an initial financing commitment of U.S. $10 Million in Convertible Debentures and agreed upon use of proceeds in 2023
  • US natgas climbs as hot weather outlook boosts power demand prospects
  • 30 Days ‘Til The Calgary Stampede – It’s Time To Book Your Corporate Tables

Return to Home
Alberta GasMonthly Avg.
CAD/GJ
Market Data by TradingView

    Report Error







    Note: The page you are currently on will be sent with your report. If this report is about a different page, please specify.

    About
    • About BOEReport.com
    • In the News
    • Terms of Use
    • Privacy Policy
    • Editorial Policy
    Resources
    • App
    • Widgets
    • Notifications
    • Daily Digest E-mail
    Get In Touch
    • Advertise
    • Post a Job
    • Contribute
    • Contact
    • Report Error
    Featured In
    • CamTrader
    • Rigger Talk
    Data Partner
    BOE Network
    © 2023 Stack Technologies Ltd.