CRUDE OIL INVENTORY/’000 bbls (Week Ended 1/16/15)

Current: 397,853

Actual Build/(Withdrawal): 10,071

Economist Average Estimate: 2,670

Previous: 387,782

Click here for the chart with five year averages.

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


KLR Group

Thesis (as of January 13, 2015)
We expect Brent/NYMEX $62.50/$57.50 oil prices this year and $85/$80 next year. In our view, the negative supply implication of lower global oil resource capitalization over the next two years, e...

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