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COMPARATIVE INVENTORY & OIL STORAGE REPORT OCTOBER 16, 2020 (2020-25)
- October 16, 2020
- Posted by: Art Berman
- Category: Oil Comparative Inventory
2 Comments
The most remarkable aspect of this week’s storage report is that oil prices did not increase.
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Comparative Inventory & Oil Storage Report September 11, 2020 (2020-20)
- September 11, 2020
- Posted by: Art Berman
- Category: Oil Comparative Inventory
The most discouraging part of this week’s EIA report was the collapse of refinery intakes.
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Comparative Inventory & Oil Storage Report August 13, 2020 (2020-16)
- August 13, 2020
- Posted by: Art Berman
- Category: Oil Comparative Inventory
Comparative inventory has decreased 15% over 5 weeks. At that rate, it will take 30 months before levels return to the 5-year average which is where things stood at the end of February.
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Comparative Inventory & Oil Storage Report August 6, 2020 (2020-15)
- August 6, 2020
- Posted by: Art Berman
- Category: Oil Comparative Inventory
Comparative inventory has fallen for two consecutive sessions week ending July 31after four previous weeks of extreme C.I. fluctuations. This suggests that the considerable disequilibrium of the previous month may be stabilizing.
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Comparative Inventory & Oil Storage Report July 30, 2020 (2020-14)
- July 30, 2020
- Posted by: Art Berman
- Category: Oil Comparative Inventory
There was plenty of good news in this EIA week’s storage report. That is the first time since the March price collapse that I can objectively say that.