CRUDE OIL INVENTORY/’000 bbls (Week Ended 3/6/15)

Current: 448,886

Actual Build/(Withdrawal): 4,512

Economist Average Estimate: 4,595

Previous: 444,374

Click here for the chart with five year averages.

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ANALYST COMMENTARY

KLR Group

Demand

Demand of ~18.6 Mmbpd decreased ~5.3% w/w, and the four-week moving average decreased ~70 bps to ~3.9% higher y/y. Gasoline demand of ~8.5 Mmbpd was down ~1.3% w/w, and distillate demand decreased ~7.3% to ~3.8 Mmbpd. In...


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