Crude inventories increased by 0.4 million barrels, for the week ending July 16, from the previous week to 353.5 million barrels and were above the upper limit of the average range for that time of year. U.S. crude oil refinery inputs averaged 15.5 million barrels per day during this period, 48 thousand barrels per day above the previous week’s average. U.S. crude oil imports were averaging 10.0 million barrels per day, up 696 thousand barrels per day from the previous week.
Upcoming Releases
Initial Claims (07/22 at 8:30 AM EST)
Existing Home Sales (07/22 at 10:00 AM EST)
Leading Indicators (07/22 at 10:00 AM EST)
New Home Sales (07/26 at 10:00 AM EST)
Existing Home Sales (07/22 at 10:00 AM EST)
Leading Indicators (07/22 at 10:00 AM EST)
New Home Sales (07/26 at 10:00 AM EST)

