CRUDE OIL INVENTORY/’000 bbls (Week Ended 2/6/15)

Current: 417,928

Actual Build/(Withdrawal): 4,868

Economist Average Estimate: 3,613

Previous: 413,060

Click here for the chart with five year averages.

Click here for an archive of EnerCom’s Inventory Reports.

ANALYST COMMENTARY

BMO Capital Markets

We believe this week’s data is negative for crude prices given the crude build once again exceeded expectations and pushed inventories to a new record high. We expect inventories to continue to build at a rapid pace over...


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