The weekly EIA report showed a fairly sharp decline in crude oil inventories, led in part by strong refinery operating rates. You can see our analysis here.
Archive for the ‘Platts analysis’ Category
By News Desk | July 30, 2014 02:40 PM Comments (0)
By News Desk | July 16, 2014 04:05 PM Comments (0)
By Stuart Elliott | July 11, 2014 11:43 AM Comments (0)
The International Energy Agency on Friday gave its first taste of how oil markets might look in 2015, and on first reading it looks as though they should be pretty well supplied throughout the course of the year.
The agency’s confidence that non-OPEC supply can meet almost all of the projected growth in demand next year means that OPEC itself won’t need to produce, on average, any more than its current 30 million b/d ceiling. Read the rest of this entry »
By News Desk | July 9, 2014 02:24 PM Comments (0)
US crude oil stocks fell 2.4 million barrels the week ended July 4 on an uptick in refinery run rates, according to data from the Energy Information Administration. Total US refinery throughput rose above the five-year average, which added to refinery utilization rates. Read the Platts analysis from Alison Ciaccio here.
By News Desk | July 2, 2014 02:42 PM Comments (0)
US crude oil stocks fell a larger-than-expected 3.2 million barrels the week ended June 27, as refiners increased run rates and imports declined, US Energy Information Administration (EIA) data showed Wednesday. Read the Platts analysis from Alison Ciaccio here.
By Ross McCracken | June 26, 2014 12:24 PM Comments (2)
By News Desk | June 25, 2014 02:53 PM Comments (0)
U.S. commercial crude oil stocks rose 1.7 million barrels the week ended June 20, boosted by a rise in imports, mainly to the U.S. Gulf Coast (USGC), U.S. Energy Information Administration (EIA) data showed Wednesday. Read the Platts analysis from Alison Ciaccio here.
By News Desk | June 18, 2014 01:57 PM Comments (0)
The highlight of this week’s EIA statistical report is the record output of gasoline reported for last week. You can see our analysis of the numbers here.
By News Desk | June 12, 2014 06:25 AM Comments (0)
(This blog post is based on the reporting of the Platts OPEC team in Vienna: Margaret McQuaile, Stuart Elliott, Geoff King, James Leech and Jacinta Moran).
The latest meeting Wednesday of OPEC ministers in Vienna was uneventful — at least in terms of what the group decided to do, or not to do, about its current crude production policy.
A rollover of its 30 million b/d production ceiling had been widely expected following suggestions from ministers in the weeks running up to the meeting that the status quo would be maintained.
By News Desk | June 11, 2014 01:33 PM Comments (0)