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Recommended Reading
What’s Affecting Oil Prices This Week? (June 27, 2022)
2022-06-27 - While Stratas Advisors said in its latest oil price forecast that they are less concerned about the talk of price caps at the G7 meeting, the firm is increasingly concerned about the risk of further escalation of the Russia-Ukraine conflict because of several developments.
US Crude Stockpiles Slide as Refining Ramps Up Ahead of Summer: EIA
2022-05-18 - Refining activity picked up in the most recent week, in response to tight product inventories and near-record exports that have forced diesel and gasoline prices to record levels in the U.S.
US Crude Oil, Fuel Stockpiles Fall in Tight Market: EIA
2022-06-02 - The fall comes even though the U.S. government released more than 5 million barrels of reserves in the most recent week and as net crude imports rose by 83,000 bbl/d, the EIA said.
US Crude Stocks Down, Fuel Inventories Up as Refiners Hit the Gas
2022-06-29 - The U.S. oil industry has been trying to boost output, but inventories keep dwindling, with supplies at the Cushing, Oklahoma hub dropping to the lowest since October 2014, the EIA said.
US Fuel Prices Surge Faster than Crude as Exports Tighten Market
2022-05-06 - U.S. refined product exports have averaged 6.3 million barrels per day in the past four weeks, nearly the fastest rate of export in U.S. history.