Thursday, April 17, 2014

EXPERTS EXPECT GROWTH OF OIL

Experts expect growth of oil

Experts expect the tenth week of the growth of commercial crude oil inventories in the United States after the U.S. Department of Energy today publish its weekly report on the state of the country#39;s oil and energy derivatives. Recall that the growth of commercial crude oil inventories in the United States began in February and continued for nine consecutive weeks. During this time, crude oil inventories in the country increased by 26.2 million barrels. and reached as of April 8, a record high since the summer of 2002. - 320.7 million barrels., Which is 8.7% above last year#39;s inventory. Today Platts experts predict that as of April 15, U.S. crude inventories increased by another 1.25 million barrels.


Simultaneously, Platts experts predict that as of April 15, U.S. gasoline inventories fell last week by 100 thousand barrels per day., Heavy distillate stocks increased by 400 thousand barrels per day., And the capacity of oil refinery enterprises increased by 0.75%, according to RBC. Report of the U.S. Department of Energy will be released today at 15:30, 30 minutes after the start of the trading session on the NYMEX.