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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

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From: allevett6/29/2005 4:07:44 PM
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ummary of Weekly Petroleum Data for the Week Ending June 24th, 2005

For the entire report (with volumes of statistics):
hxxp://www.eia.doe.gov/pub/oil_gas/petroleum/data_publications/weekly_petroleum_status_report/current/txt/wpsr.txt

As an aside:
ICAP Derivatives Auction – DOE Crude Stocks Change for 24 June = -1.285 Million Barrels.

Petroleum Data – EIA
U.S. crude oil refinery inputs averaged nearly 16.3 million barrels per day
during the week ending June 24, up 315,000 barrels per day from the previous
week's average. Refineries operated at 96.3 percent of their operable capacity
last week. Gasoline production increased substantially, averaging over 9.1
million barrels per day, and the second highest weekly average ever. Distillate
fuel production increased only slightly, averaging 4.2 million barrels per day.

U.S. crude oil imports averaged nearly 11.0 million barrels per day last week,
up 794,000 barrels per day from the previous week, and the second highest weekly
average ever. Over the last four weeks, crude oil imports have averaged 10.5
million barrels per day, an increase of 23,000 barrels per day from the
comparable four weeks last year. Total motor gasoline imports (including both
finished gasoline and gasoline blending components) last week averaged over 1.0
million barrels per day, while distillate fuel imports averaged 201,000 barrels
per day.

U.S. commercial crude oil inventories (excluding those in the Strategic
Petroleum Reserve) rose by 1.1 million barrels from the previous week. At 328.5
million barrels, U.S. crude oil inventories remain well above the upper end of
the average range for this time of year. Total motor gasoline inventories
increased by 0.3 million barrels last week, putting them near the upper end of
the average range. Distillate fuel inventories rose by 1.7 million barrels last
week, but remain in the lower half of the average range for this time of year.
Almost all of the increase was seen in high-sulfur distillate fuel (heating oil)
inventories, with low-sulfur distillate fuel (diesel fuel) inventories
relatively unchanged. Total commercial petroleum inventories increased by 9.4
million barrels last week, placing them near the upper end of the average range
for this time of year.

Total product supplied over the last four-week period has averaged nearly 20.6
million barrels per day, or 1.2 percent more than averaged over the same period
last year. Over the last four weeks, motor gasoline demand has averaged over
9.4 million barrels per day, or 2.0 percent above the same period last year,
while distillate fuel demand has averaged nearly 4.1 million barrels per day, or
5.7 percent above the same period last year. Kerosene-type jet fuel demand is
up 3.3 percent over the last four weeks compared to the same four-week period
last year.
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