Stories tagged with I Miss Robert

This Week in Petroleum (TWIP) 12-27-2007

Posted by Nate Hagens on December 27, 2007 - 12:38pm
Topic: Supply/Production
Tags: eia, I Miss Robert, twip [list all tags]

A bullish TWIP report just out. DOE reported Crude, motor gas and distillate complex down 5.4 million barrels. API had complex down 4.3 million barrels. As the below chart shows, this is quite the drop in oil inventories from this summer. Front month crude (feb) trading up $1.50. Details and breakdown below the fold:

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TWIP (This Week in Petroleum) 12-19

Posted by Nate Hagens on December 19, 2007 - 5:41pm
Topic: Supply/Production
Tags: DOE, I Miss Robert, twip [list all tags]

Here is a link to the DOEs This Week In Petroleum. US crude inventories fell 7.6 million barrels. Consensus was for a drop of 1.5 million barrels. Total gasoline inventories rose 3 million barrels, much higher than an 800,000 expected rise. Implied gasoline demand fell .7% relative to the previous week. Crude oil, after trading as low as $89.70 for Feb delivery, rallied $1.50 to close at $91.70. The text, and some graphics from Lehman Brothers research report are below the fold:


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