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 July 1, 2009:
Crude: Down -3.700 MMbbls
Gasoline: Up +2.300 MMbbls
Distillate: Up +2.900 MMbbls
Resid: Down -0.400 MMbbls
Refinery Runs: Down -0.1% to 87.0%
Crude was bullish relative to expectations of Down -2.000 MMbbls
Gasoline was bearish/neutral relative to expectations of Up +1.900 MMbbls
Distillate was bearish relative to expectations of Up +1.500 MMbbls
NYMEX Spot Month Daily Crude Oil:
