BoeingBoy
Veteran
- Nov 9, 2003
- 16,512
- 5,865
- Banned
- #1
Since I'm worked Mon - Thur this week (and will next week also), my report is somewhat late.....
From the EIA's weekly report for the week ending 7/8/05:
U.S. crude oil imports averaged nearly 10.0 million barrels per day last week, down 265,000 barrels per day from the previous week. Over the last four weeks, crude oil imports have averaged over 10.3 million barrels per day, a decrease of 124,000 barrels per day from the comparable four weeks last year.
U.S. commercial crude oil inventories (excluding those in the SPR) fell by 3.9 million barrels from the previous week. At 321.0 million barrels, U.S. crude oil inventories remain well above the upper end of the average range for this time of year.
U.S. crude oil refinery inputs averaged nearly 16.1 million barrels per day during the week ending July 8, down 384,000 barrels per day from the previous week's average.
Refineries operated at 96.2 percent of their operable capacity last week.
Gasoline production dropped substantially, averaging over 8.8 million barrels per day, while distillate fuel production also declined significantly, averaging over 4.2 million barrels per day.
Distillate fuel inventories rose by 3.2 million barrels last week, and are in the upper half of the average range for this time of year. The increase in distillate fuel inventories was split equally between low-sulfur distillate fuel (diesel fuel) and high-sulfur distillate fuel (heating oil).
Total product supplied over the last four-week period has averaged 20.7 million barrels per day, or 1.5 percent more than averaged over the same period last year.
Distillate fuel demand has averaged over 4.0 million barrels per day over the last four weeks, or 4.1 percent above the same period last year.
Kerosene-type jet fuel demand is up 3.8 percent over the last four weeks compared to the same four-week period last year.
On to prices:
Spot prices for jet fuel on 7/8/05 <7/1/05> [6/24/05] (6/17/05):
New York Harbor..$1.7230 <$1.7323> [$1.6980] ($1.7310)
Gulf Coast............$1.7005 <$1.7060> [$1.6755] ($1.6910)
Los Angeles.........$1.7700 <$1.7900> [$1.7650] ($1.7250)
Spot prices for crude on 7/8/05 <7/1/05> [6/24/05] (6/17/05):
WTI Cushing...$59.71 <$59.11> [$59.63] ($58.40)
Brent..............$59.00 <$56.41> [$57.21] ($56.91)
Current crude prices (7/14/05 @9:30PM EDST):
WTI Cushing...$57.80
Dated Brent....$56.36
NYMEX............$58.20 (up $0.40 in after hours trading)
CNBC..............
Finally, average spot prices of jet fuel by month (by quarter once the quarter is over):
Delivery point...1Q05.....Apr05....May05.....Jun05....2Q05....Jul05*
NY Harbor..... $1.4861 $1.5836 $1.4843 $1.6945 $1.5859 $1.7455
Gulf Coast..... $1.4400 $1.5728 $1.4714 $1.6643 $1.5673 $1.7226
Los Angeles.. $1.5228 $1.7980 $1.5863 $1.7326 $1.7024 $1.7918
* thru the 12th
Jim
From the EIA's weekly report for the week ending 7/8/05:
U.S. crude oil imports averaged nearly 10.0 million barrels per day last week, down 265,000 barrels per day from the previous week. Over the last four weeks, crude oil imports have averaged over 10.3 million barrels per day, a decrease of 124,000 barrels per day from the comparable four weeks last year.
U.S. commercial crude oil inventories (excluding those in the SPR) fell by 3.9 million barrels from the previous week. At 321.0 million barrels, U.S. crude oil inventories remain well above the upper end of the average range for this time of year.
U.S. crude oil refinery inputs averaged nearly 16.1 million barrels per day during the week ending July 8, down 384,000 barrels per day from the previous week's average.
Refineries operated at 96.2 percent of their operable capacity last week.
Gasoline production dropped substantially, averaging over 8.8 million barrels per day, while distillate fuel production also declined significantly, averaging over 4.2 million barrels per day.
Distillate fuel inventories rose by 3.2 million barrels last week, and are in the upper half of the average range for this time of year. The increase in distillate fuel inventories was split equally between low-sulfur distillate fuel (diesel fuel) and high-sulfur distillate fuel (heating oil).
Total product supplied over the last four-week period has averaged 20.7 million barrels per day, or 1.5 percent more than averaged over the same period last year.
Distillate fuel demand has averaged over 4.0 million barrels per day over the last four weeks, or 4.1 percent above the same period last year.
Kerosene-type jet fuel demand is up 3.8 percent over the last four weeks compared to the same four-week period last year.
On to prices:
Spot prices for jet fuel on 7/8/05 <7/1/05> [6/24/05] (6/17/05):
New York Harbor..$1.7230 <$1.7323> [$1.6980] ($1.7310)
Gulf Coast............$1.7005 <$1.7060> [$1.6755] ($1.6910)
Los Angeles.........$1.7700 <$1.7900> [$1.7650] ($1.7250)
Spot prices for crude on 7/8/05 <7/1/05> [6/24/05] (6/17/05):
WTI Cushing...$59.71 <$59.11> [$59.63] ($58.40)
Brent..............$59.00 <$56.41> [$57.21] ($56.91)
Current crude prices (7/14/05 @9:30PM EDST):
WTI Cushing...$57.80
Dated Brent....$56.36
NYMEX............$58.20 (up $0.40 in after hours trading)
CNBC..............
Finally, average spot prices of jet fuel by month (by quarter once the quarter is over):
Delivery point...1Q05.....Apr05....May05.....Jun05....2Q05....Jul05*
NY Harbor..... $1.4861 $1.5836 $1.4843 $1.6945 $1.5859 $1.7455
Gulf Coast..... $1.4400 $1.5728 $1.4714 $1.6643 $1.5673 $1.7226
Los Angeles.. $1.5228 $1.7980 $1.5863 $1.7326 $1.7024 $1.7918
* thru the 12th
Jim
