Insight
Seasonality of stock changes
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Stock builds in early 2015 and 2016 has overshadowed a stronger than average draw for the last four months as the oil price correction could be entering a third phase of crude and product stock draws. One sign of a balancing oil market is a decline in the days of demand covered by oil stock inventories. The US may not return to its historical days of coverage because: (1) US produced barrels show up sooner in working inventory, and thus days of coverage, earlier than barrels on waterborne tankers and (2) removal of US crude oil export ban could inflate stocks held due to a storage cost advantage and ability to re-export.
Table of contents
- Seasonality of stock changes
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Navigating choppy waters: The impact of tariffs on US ethane and propane trade
Global LPG trade is reshuffling due to an increase in trade barriers
$1,050
Insight
Global oil supply short-term update - May 2025
Weakening demand outlook and OPEC+ easing of production cuts puts pressure on prices
$1,350
Insight
How does benzene pricing mechanism affect its market premiums and regional price differentials?
Asian transalkylation emerges as a crucial supply tier to accommodate necessary benzene supply changes.
$900
