Crude inventories increased by 2.0 million barrels, for the week ending April 2, from the previous week to 356.2 million barrels and were above the upper limit of the average range for that time of year. U.S. crude oil refinery inputs averaged 14.6 million barrels per day during this period, 370 thousand barrels per day above the previous week’s average. U.S. crude oil imports were averaging 9.6 million barrels per day, up 501 thousand barrels per day from the previous week.
Upcoming Releases
Consumer Credit (04/07 at 3:00 PM EST)
Initial Claims (04/08 at 8:30 AM EST)
Wholesale Inventories (04/09 at 10:00 AM EST)
Treasury Budget (04/12 at 2:00 PM EST)
Consumer Credit (04/07 at 3:00 PM EST)
Initial Claims (04/08 at 8:30 AM EST)
Wholesale Inventories (04/09 at 10:00 AM EST)
Treasury Budget (04/12 at 2:00 PM EST)