IBB
335.11
-0.86
-0.26%
 
AAPL
155.98
-3.78
-2.37%
 
TVIX
8.67
-0.11
-1.25%
 
XIV
110.81
+0.89
+0.81%
 
TNA
66.32
-0.23
-0.35%
 
TZA
13.32
+0.05
+0.38%
 
UVXY
15.83
-0.24
-1.49%
 
NASDAQ
6605.067
-19.153
-0.2891%
 
S&P500
2562.1
+0.84
+0.03%
 
NYSE
12380.323
+9.303
+0.0752%
 
IBB
335.11
-0.86
-0.26%
 
AAPL
155.98
-3.78
-2.37%
 
TVIX
8.67
-0.11
-1.25%
 
XIV
110.81
+0.89
+0.81%
 
TNA
66.32
-0.23
-0.35%
 
TZA
13.32
+0.05
+0.38%
 
UVXY
15.83
-0.24
-1.49%
 
NASDAQ
6605.067
-19.153
-0.2891%
 
S&P500
2562.1
+0.84
+0.03%
 
NYSE
12380.323
+9.303
+0.0752%
 

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