Weekly EIA Oil Report – October 15th

Weekly EIA Oil Report – October 15th

Here are the latest details from the U.S. Energy Information Administration regarding diesel fuel, heating oil, gasoline and many more, for the week ending on October 15th

U.S. crude oil refinery inputs averaged 15.0 million barrels per day during the week ending October 15, 2021. The figures came in 71,000 barrels per day less than reported the previous week.

U.S. crude oil imports averaged 5.8 million barrels per day last week, 169,000 barrels lower per day from last week’s numbers. The crude oil inventories are about 6% below the five-year average for this time of year.

Propane/propylene inventories increased by 1.9 million barrels last week and are about 17% below the five-year average for this time of year.

Total products supplied over the last four-week period averaged 20.9 million barrels a day, up by 14.0% from the same period last year.

Sources: eia.gov

This information prepared by za.capex.com is not an offer or a solicitation for the purpose of purchase or sale of any financial products referred to herein or to enter into any legal relations, nor an advice or a recommendation with respect to such financial products.

This information is prepared for general circulation. It does not regard to the specific investment objectives, financial situation or the particular needs of any recipient.

You should independently evaluate each financial product and consider the suitability of such a financial product, by taking into account your specific investment objectives, financial situation or particular needs, and by consulting an independent financial adviser as needed, before dealing in any financial products mentioned in this document.

This information may not be published, circulated, reproduced or distributed in whole or in part to any other person without the Company’s prior written consent. Past performance is not always indicative of likely or future performance. Any views or opinions presented are solely those of the author and do not necessarily represent those of za.capex.com

JME Financial Services (Pty) Ltd trading as ZA.CAPEX.COM acts as intermediary between the investor and Magnasale Trading Ltd, the counterparty to the contract for difference purchased by the Investor via ZA.CAPEX.COM, authorised & regulated by the Cyprus Securities and Exchange Commission with license number 264/15. Magnasale Trading Ltd is the principal to the CFD purchased by investors.