Lower-than-Expected Crude Inventory Build; Distillate and Gasoline Draw
2025-03-16 14:52
USA | Energy Equity Research March 12, 2025 Lower-than-Expected Crude Inventory Build; Distillate and Gasoline Draw Inventories drew this week, with total crude oil, gasoline, and distillate inventory decreasing ~5.85mn bbl vs BBG estimate of a ~0.39mn bbl build. Full accounting within. Within, we graphically break down inventories (including & excluding SPR) and demand by both product and PADD, while comparing results to weekly, quarterly, and year-ago levels. Exhibit 1 - Weekly Change in Oil and Products ...