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FxWirePro: Key charts explaining crude oil inventories and production report of EIA

Here are some key charts based on data from the United States’ Energy Information Agency’s (EIA) latest report that explains the level of inventories, refinery demand, and production.

  • Chart 1 shows crude oil production in the United States reached a new record high of 11.9 million barrels per day.
     
  • Chart 2 shows the level of U.S. distillate inventories. According to the latest report, the inventory rose last week rose to 143 million barrels.
     
  • U.S. oil imports have been declining over the past couple of year. But, it has gone up rapidly in recent times thanks to higher refinery demand. Last week, it declined to 7.53 million barrels per day.
     
  • Chart 4 shows the level of U.S. crude oil exports, which rose to a new record high of 3.2 million barrels per day last month. Last week, it was at 2.6 million barrels per day. Average exports are rising steadily.
     
  • Chart 5 shows U.S. refinery operating at 94.6 percent. Refinery intake picked up recently but still lower than 98.1 percent a few months ago, which was the fastest pace since 1998.
     
  • Chart 6 shows the level of crude oil inventories, which has declined around 114 million barrels since its peak in April 2017. Inventories declined last week to 437 million barrels.

 

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July 2 15:00 UTC Released

DKCurrency Reserves

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449.6 Stale

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451.7 Stale

July 2 13:45 UTC Released

USISM NY Biz Conditions

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50 %

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48.6 %

January 31 00:00 UTC 766465766465m

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2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 778285778285m

ARTrade Balance

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-1541 %

January 31 00:00 UTC 766465766465m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 778285778285m

ARTrade Balance

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-1541 %

January 31 00:00 UTC 766465766465m

ARAnnual Primary Balance*

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Forecast

2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 766465766465m

ARAnnual Primary Balance*

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2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 766465766465m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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