DOE report 04.06.2018

DOE Report 04.06.18


Good morning,

Domestic crude oil production continued to climb to 10,525 kbpd which was up 65 kbpd.  Imports climbed by 752 kbpd  helping total inputs to climb 817 kbpd.  Crude oil inputs to refiners only rose by 83 kbpd.  Crude oil stocks rose by 3.3 mb and Cushing OK stocks rose by 1.1 mb.  Exports dropped by 970 kbpd to 1,205 kbpd.  That is with the continued drop in the wti brent spread which continues to search for US exports as brent increases its premium to WTI.



Have a good day,