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Crude Oil Supply

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The Energy Information Administration (EIA) releases its weekly Petroleum Report, including supply data, for each Saturday-To-Friday week the following Wednesday at 10:30 AM EDT, excluding holidays. This data is reproduced below or is publicly available HERE.


Crude Oil Imports

The United States’ biggest oil partners include Canada–where nearly 40% of imported crude is produced–Saudi Arabia, Mexico, Venezuela, and Colombia.




Domestic Crude Oil Production

The biggest domestic producers of crude oil include Texas, North Dakota, California, and Oklahoma. After surging to over 9.6 million barrels per day in mid-2015, crude oil production has shown signs of slowing amidst an historic slashing of crude oil drilling rigs.





Total Crude Oil Supply


Total crude oil supply is composed of imports plus domestic production. The two typically trade in a reciprocal fashion with crude oil imports increasing as domestic production wanes, and vice versa.




Disclaimer: Natural Gas & Oil Storage Projections, Intraday Natural Gas Stats, Renewable Energy Stats, Morning Reports, and fundamental pricing models are released by Celsius Energy as experimental products. While they are intended to provide accurate, up-to-date data, they should not be used alone in making investment decisions, or decisions of any kind. Celsius Energy does not make an express or implied warranty of any kind regarding the data information including, without limitation, any warranty of merchantability or fitness for a particular purpose or use. See full Privacy Policy HERE.

Natural Gas Storage Week 4 History

Natural Gas Storage Week 4




Storage Projection Ranking
Based on the 5-year historical range, maximum, and minimum, the projected storage injection or withdrawal is assigned a score from -10 to +10, to assess the bearishness or bullishness of the report, respectively. A score of +/-10 corresponds to a projection that would be either the most bearish or bullish report over the past five-years while a score of 0 is equal to the five-year average. Scores increasing from 0 to -10 are more and more bearish while scores from 0 to +10 are increasingly bullish.



Storage Projection History
Storage projections for a given week are issued 28 days in advance of the date that the EIA releases its official tally, and updated every 12 hours. Early projections tend to have a greater error, with estimates becoming increasingly accurate as temperature forecasts are refined and scheduled pipeline storage data becomes available. The graphs below track the trend in storage projections from the initial through the final estimate, issued three hours before the EIA’s Thursday morning Report.


Disclaimer: Natural Gas & Oil Storage Projections, Intraday Natural Gas Stats, Renewable Energy Stats, Morning Reports, and fundamental pricing models are released by Celsius Energy as experimental products. While they are intended to provide accurate, up-to-date data, they should not be used alone in making investment decisions, or decisions of any kind. Celsius Energy does not make an express or implied warranty of any kind regarding the data information including, without limitation, any warranty of merchantability or fitness for a particular purpose or use. See full Privacy Policy HERE.