IBB
309.31
-0.27
-0.09%
 
AAPL
161.6
+1.75
+1.09%
 
TVIX
17.05
-0.24
-1.39%
 
XIV
84.56
0.00
N/A%
 
TNA
51.92
-1.24
-2.33%
 
TZA
17.3
+0.41
+2.43%
 
UVXY
31.23
-0.46
-1.45%
 
NASDAQ
6333.013
-7.219
-0.114%
 
S&P500
2464.61
-1.23
-0.05%
 
NYSE
11843.48
-12.58
-0.11%
 
IBB
309.31
-0.27
-0.09%
 
AAPL
161.6
+1.75
+1.09%
 
TVIX
17.05
-0.24
-1.39%
 
XIV
84.56
0.00
N/A%
 
TNA
51.92
-1.24
-2.33%
 
TZA
17.3
+0.41
+2.43%
 
UVXY
31.23
-0.46
-1.45%
 
NASDAQ
6333.013
-7.219
-0.114%
 
S&P500
2464.61
-1.23
-0.05%
 
NYSE
11843.48
-12.58
-0.11%
 

EIA REPORT: Crude, Cushing, Gasoline Draw, Distillates Build, Production Sky HighEIA REPORT

This Weeks EIA Report

  • Crude  -6428K
    Cushing -747K vs -500K expected
  • Gasoline -2858K vs -1500K expected
  • Distillates +394K vs -700K expected

Late yesterday, API reported:

  • Crude -8670K
  • Gasoline -1730K
  • Distillates +124K

via ForexLive 

Sit’s not quite as big of a draw as API reported for crude but add in gasoline and it’s basically there.

Crude isn’t doing much on the headlines. It’s ticked up to $48.65 from $48.50, one of the reasons might be the continued march higher in production.

  • Production +0.2% w/w
  • Production 9.342 mbpd vs 9.320 mbpd prior
  • Production up 6.9% y/y


US Crude Oil Stocks Change verse Crude Oil Price

Overall commodity space is in a meltdown via CRB Index