Weekly Energy Market Update

Weekly Energy Market Update details current energy market events impacting the direction of crude and refined products. Weekly DOE inventories are posted as well as market details on crude, gasoline and heating oil before and after the release of this data. Hedging recommendations and relevant crude, propane, gasoline, heating oil, crack spreads and commodity relationship charts are included.

DOE Weekly Report February 1, 2012 at 9:30 CST:

Crude (excluding SPR):  Up:   (+4.175) MMbbls

Gasoline: Up:   (+3.017) MMbbls

Distillate: Down:   (-0.135) MMbbls

Jet Fuel: Up:   (+0.818) MMbbls

Refinery Runs: 81.8%  Down  (-0.4%)

 

Crude was bearish relative to expectations of Up:   (+3.500) MMbbls

Gasoline was very bearish relative to expectations of Down:   (-0.400) MMbbls

Distillate was bearish relative to expectations of Down:   (-2.500) MMbbls

 

NYMEX Spot Month Daily WTI Crude Oil:

 

 

ICE Spot Month Daily Brent Crude Oil: