CRUDE OIL INVENTORY/’000 bbls (Week Ended 1/9/15)

Current: 387,782

Actual Build/(Withdrawal): 5,389

Economist Average Estimate: 1,750

Previous: 382,393

Click here for the chart with five year averages.

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ANALYST COMMENTARY

KLR Group

Demand

Demand of ~19.2 Mmbpd decreased ~0.6% w/w, and the four-week moving average decreased ~160 bps to ~4.9% higher y/y. Gasoline demand of ~8.9 Mmbpd was up ~0.7% w/w, and distillate demand increased ~37.6% to ~3.9 Mmbpd. In...


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