| |
0 Pages

Seasonality of stock changes

Seasonality of stock changes

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.

What's included?

This report includes 1 file(s)

  • Seasonality of stock changes.pdf PDF - 839.58 KB


This Oil Markets Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.

For participants, suppliers and advisors who want to look at the trends, risks and issues of this topic, this report gives you an expert point of view to help inform your decision making.

Wood Mackenzie gives you an informed, independent view on oil prices and the key drivers and trends impacting the oil market. Our highly experienced macro analysts and regional sector teams are based in the key oil producing and consuming regions they analyse, providing detailed field data and demand forecasts driven by country and industry forecasts.

Wood Mackenzie's trusted insight helps you deliver successful growth strategies.

  • Seasonality of stock changes
Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

Questions about this report?

Frequently Asked Questions
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

As the trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, we empower clients to make better strategic decisions with objective analysis and advice. Find out more...