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  • Calendar event / Wednesday at 15:30 GMT
    High Crude Oil Stocks, Net Chg (Bbl)
    +2.6M
    +1.841M
    High Gasoline Stocks, Net Chg (Bbl)
    +1.4M
    +3.599M
    High Distillate Stocks, Net Chg (Bbl)
    -0.6M
    -0.459M
    Med Crude Oil Stocks (Bbl)
    422.095M
    Med Gasoline Stocks (Bbl)
    249.073M
    Med Distillate Stocks (Bbl)
    141.367M
    Med Total Prod Supplied (Bbl/day)
    20.284M
    Med Total Prod Supplied, Net Chg (Bbl/day)
    -0.559M
    Med Refinery Usage
    91.1%
    89.8%
  • Calendar event / 13 February 2018 at 21:30 GMT

    US API Weekly Statistical Bulletin

    forecast
    actual
    Med Crude Stocks, Net Chg (Bbls)
    +3.9M
    Med Gasoline Stocks, Net Chg (Bbls)
    +4.6M
    Med Distillate Stocks, Net Chg (Bbls)
    +1.1M
  • 12 February
    Morris Morris
    Is there a time span for Tactical and Strategic Books?
  • Calendar event / 07 February 2018 at 15:30 GMT
    High Crude Oil Stocks, Net Chg (Bbl)
    +2.5M
    +1.895M
    High Gasoline Stocks, Net Chg (Bbl)
    +0.7M
    +3.414M
    High Distillate Stocks, Net Chg (Bbl)
    -1.1M
    +3.926M
    Med Crude Oil Stocks (Bbl)
    420.254M
    Med Gasoline Stocks (Bbl)
    245.474M
    Med Distillate Stocks (Bbl)
    141.826M
    Med Total Prod Supplied, Net Chg (Bbl/day)
    -0.16M
    Med Total Prod Supplied (Bbl/day)
    20.843M
    Med Refinery Usage
    88.1%
    92.5%
  • Squawk / 07 February 2018 at 11:45 GMT
    Head of Commodity Strategy / Saxo Bank
    Denmark
    Crude Oil has given back some of yesterday's late gains as we await the "Weekly Petroleum Status Report" from the EIA at 1530 GMT. Bouncing stocks and a surprise weekly inventory drop reported by the API supported the late sprint following a day mostly spent on the defensive. Not least after the EIA in their monthly Short Term Energy Outlook once again raised non-Opec production while keeping global demand steady. They now see US production already exceeding 11 million b/d this November, one year earlier than previously expected.
    The short term outlook remains challenged by a seasonal slowdown in demand due to refinery maintenance in Europe, Asia and now also the US. Funds holding a record long have been net-sellers this week with the risk of more to come as the price moves further away from the recent peak
    Table covering API results and EIA survey attached.
    Read the Squawk
    07 February
    Ole Hansen Ole Hansen
    EIA report showed rising stocks of oil, gasoline and products while production jumped by 332k b/d to reach 10.3m b/d. Results and initial market reaction attached
    07 February
    Ole Hansen Ole Hansen
    EIA report in charts
    07 February
    Ole Hansen Ole Hansen
    BBG comment: Crude inventories rose less than expected, up 1.9 million barrels, as higher refiner demand more than offset weaker exports. Cushing stocks continue to drain, and...
  • Article / 05 February 2018 at 8:28 GMT

    COT: Funds cover grain shorts; crude oil longs cut – #SaxoStrats

    Head of Commodity Strategy / Saxo Bank
    Denmark
    COT: Funds cover grain shorts; crude oil longs cut – #SaxoStrats
    Strong buying in natural gas and heavy short-covering across the grain complex were the main drivers behind a 16% increase in bullish commodities bets held by funds in the week to January 30. Record longs in oil products while crude oil saw the first small reduction in six weeks. Gold buying continued for a 7th week albeit at a modest pace
    Read the article
    05 February
    Logich Logich
    Any idea what triggered the spike in Copper today, Ole S. Hansen?
    05 February
    peter peter
    Short covering on coffee this time?
  • Article / 02 February 2018 at 14:30 GMT

    WCU: Commodities pause as US yield spike boosts the dollar

    Head of Commodity Strategy / Saxo Bank
    Denmark
    WCU: Commodities pause as US yield spike boosts the dollar
    Worldwide growth combined with rising inflation expectations, rising bond yields, and now lower equities have been a mixed blessing for commodities so far this year. The rally was paused after rising wage pressure in the US helped send the dollar higher while bonds and stocks moved lower
    Read the article
    02 February
    lab lab
    The crypto market collapse is relevant to gold’s solid performance. Over last half 2017 crypto sucked out a large slice of speculative fiat-adverse money normally found in...