Crude inventories decreased by 5.0 million barrels, for the week ending July 2, from the previous week to 358.2 million barrels and were above the upper limit of the average range for that time of year. U.S. crude oil refinery inputs averaged 15.2 million barrels per day during this period, 135 thousand barrels per day above the previous week’s average. U.S. crude oil imports were averaging 9.4 million barrels per day, down 68 thousand barrels per day from the previous week.
Upcoming Releases
Consumer Credit (07/08 at 3:00 PM EST)
Wholesale Inventories (07/09 at 10:00 AM EST)
Trade Balance (07/13 at 8:30 AM EST)
Treasury Budget (07/13 at 2:00 PM EST)
Wholesale Inventories (07/09 at 10:00 AM EST)
Trade Balance (07/13 at 8:30 AM EST)
Treasury Budget (07/13 at 2:00 PM EST)
