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North America Logistics Review Report – June 2016 Overview Section

Prices Rise as Crude Oil Inventories Drop and Supply Disruptions occur in Canada and Africa According to the EIA’s Petroleum Status Reports, during June, U.S. oil inventories decreased by 10.5 million barrels to 526.6 million barrels.  Total U.S. gasoline inventories also decreased by 1.1 million barrels to 239.0 million.   These reductions partially stem from the […]

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North America Logistics Review Report – May 2016 Overview Section

Prices Rise as Crude Oil Inventories Drop and Supply Disruptions occur in Canada and Africa According to the EIA in its May Short-Term Energy Outlook, (STEO), during May, U.S. oil inventories decreased by 6.3 million barrels to 537.1 million barrels.  Total U.S. gasoline inventories also decreased by 1.7 million barrels to 240.1 million.   These reductions […]

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North America Logistics Review Report – April 2016 Overview Section

Crude Prices Rise Despite Continued Inventories Build For the week ending April 29, 2016, crude inventories in the U.S. totaled 543.4 million barrels–“historically high levels for this time of year” and constituting a 13.5 million barrel increase from April 1, 2016.  During the month of April, EIA also published its monthly Short-Term Energy Outlook (STEO) […]

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North America Logistics Review Report – February 2016 Overview Section

Crude Oil Inventories – Creative Means to Avoid “Tank Tops” During the month of February, EIA published its Short-Term Energy Outlook (STEO) and Genscape released its US Crude Oil Production Forecast Report, both with price projections for the next two years: West Texas Intermediate Oil Price ($/bbl) 2016 2017 EIA Short-term Energy Outlook $38 $50 […]

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