EIA Shows Record US Refined Product Exports as Inventories Fall 11.1 Million Barrels

@staunovo

The tankers have been arriving from all over the world in unprecedented numbers. After loading up in Alaska and along the US Gulf Coast, they head back out to sea — to Japan, Thailand and even as far as Australia. All told, over the past n

@staunovo

Global oil reserves plunge at record pace as Middle East war strains supplies Stocks near 8-year low ahead of summer travel season despite collapse in demand #oott

@staunovo

Stockpiles of crude fell by nearly 200mn barrels, or 6.6mn barrels a day, estimated S&P Global Energy, even as higher prices triggered a collapse in demand of about 5mn b/d, the sharpest ever fall outside of the Covid-19 pandemic. #oot

@hfi_research

RT @staunovo: Stockpiles of crude fell by nearly 200mn barrels, or 6.6mn barrels a day, estimated S&P Global Energy, even as higher prices…

@gasbuddyguy

they sure are- records amounts of oil and refined products left U.S. shores in the last week, and we'll likely set another record this week. U.S. gasoline inventories are already at multi-year seasonal lows- which means prices will face eve

@globalmktobserv

🔴Global oil inventories are the world's last line of defense against the Iran war oil shock: JPMorgan estimates global inventories will fall to ~7.6 billion barrels by June 2026, the lowest level since at least 2017👇

@oilandenergy

U.S. crude exports have hit record levels at 5.2M bpd, acting as the global supply of last resort, but inventory drawdowns are tightening domestic balances and raising long-term risks. #Oil #EnergyMarkets #OOTT #Geopolitics

@ericnuttall

RT @ericnuttall: There is a giant sucking sound in the United States…in just one week diesel inventories fell by 4%, gasoline inventories f…

@staunovo

With the US-Iran war creeping into its third month, oil traders are hedging against divergent outcomes tied to US inventories as the newly anointed top crude exporter faces unprecedented pressure to meet global demand. One of the hedges, a

@staunovo

RT @JuliOnTwtr: API Inventory Moves 05/05 Crude Oil -8.1 million (exp. -2.8 million) Gasoline -6.1 million Distillates -4.6 million Cus…

@oilandenergy

RT @JuliOnTwtr: API Inventory Moves 05/05 Crude Oil -8.1 million (exp. -2.8 million) Gasoline -6.1 million Distillates -4.6 million Cus…

@tomkloza

Ruh-Ro!!

@rory_johnston

US petroleum inventory like

@oilheadlinenews

API Crude Oil -8.1 million Gasoline -6.1 million Distillates -4.6 million Cushing -1 million SPR -5.2 million

@joshyoung

I like big draws

@gasbuddyguy

US oil and refined product inventories in the last few weeks

@gasbuddyguy

US petroleum inventories...

@hfi_research

BACD Keep in mind that API underestimated crude draws last week. EIA will be lower on the crude draw. Likely around the -5 million bbls we forecasted.

@oilandenergy

U.S. crude inventories plunged by 8.1M barrels, far exceeding expectations, while gasoline and distillate stocks also saw sharp draws, signaling tightening fuel markets. #Oil #OOTT #EnergyMarkets #Inventory

@joshyoung

Is this because of the huge inventory decline?

@rory_johnston

A view on record weekly US petroleum exports ahead of tomorrow's EIA update.

@gasbuddyguy

US refined product exports reached a new all-time record- 8.224 million barrels per day or 57.6 million barrels in the last week

@rory_johnston

US crude exports slipped according to the latest EIA weekly data, but refined product exports hit a fresh all-time high.

@dlacalle_ia

US exports of oil products rose to a record high last week at 8.2 million barrels a day.

@staunovo

US refined product exports rose to record 8.334mbpd last week - EIA #oott