Crude inventories increased by 1.9 million barrels, for the week ending April 23, from the previous week to 357.8 million barrels and were above the upper limit of the average range for that time of year. U.S. crude oil refinery inputs averaged 15.0 million barrels per day during this period, 278 thousand barrels per day above the previous week’s average. U.S. crude oil imports were averaging 9.7 million barrels per day, up 68 thousand barrels per day from the previous week.
Upcoming Releases
FOMC Policy Statement (04/28 at 2:15 PM EST)
Initial Claims (04/29 at 8:30 AM EST)
GDP-Q1 Advance (04/30 at 8:30 AM EST)
Personal Consumption Expenditures (05/03 at 8:30 AM EST)
FOMC Policy Statement (04/28 at 2:15 PM EST)
Initial Claims (04/29 at 8:30 AM EST)
GDP-Q1 Advance (04/30 at 8:30 AM EST)
Personal Consumption Expenditures (05/03 at 8:30 AM EST)