CRUDE OIL INVENTORY/’000 bbls (Week Ended 2/27/15)

Current: 444,374

Actual Build/(Withdrawal): 10,303

Economist Average Estimate: 3,888

Previous: 434,071

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ANALYST COMMENTARY

KLR Group

Demand
Demand of ~19.7 Mmbpd decreased ~0.6% w/w, though the four-week moving average increased ~120 bps to ~4.6% higher y/y. Gasoline demand of ~8.6 Mmbpd was down ~3.2% w/w, and distillate demand decreased ~5.3% to ~4.1 Mmbpd...


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