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Crude supplies have surprised me lately; rising when I thought they would fall. Normally I would expect high refinery runs to be pulling on the inventories, but the recent refinery problems have resulted in crude builds. I won't be surprised to see another crude build, but I expect to see crude inventories fall, and gasoline and distillate inventories rise.
I know my gasoline prediction is in line with that of the analysts, but I don't think I have seen predictions for crude and distillates.
Bloomberg survey: Crude +0.6 million, Gasoline +1.20 million, Distillates +1.30 million, Refinery Utilisation +0.45%
Reuters: Crude +0.60 million, Gasoline +1.40 million, Distillates +1.20 million, Refinery utilisation +0.40%
Could it be that the SPR not buying oil is causing the rise?