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Wednesday, 18 May 2022

May 18th...EIA Report. Massive Net draw (including SPR)

Big Net Draw including SPR draw


Crude -3.394M 

SPR -5.010M

Gas -4.779M 

Dist +1.235M 

Cush -2.403M



ITEMS BELOW TO BE UPDATED LATER IN BLUE

WHITE IS UPDATED

BLUE FROM LAST WEEK

Other info

Domestic production increase to prior week 11.9 vs 11.8 last week (back where it was 2 weeks ago)

Imports 6,568

Exports 3,520

US crude inventories fell by 8.404mb last week (commercial -3.394mb, SPR -5.010mb)


Updated May 18th

Crude Stock 86.1% of 5 yr average

Gas stock 92.4% of 5 yr average

Dis stock 77.5% of 5 yr average


Updated May 4th


Updated May 18th

Below 540!