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Insights January 31, 2018 Stefan Wieler

Weekly DOE Oil Charts - January 26, 2018

Conclusion: Overall inventories built this week, particularly crude (which is seasonally normal). Cushing still drew, we think this needs to...

Insights January 25, 2018 Stefan Wieler

Weekly DOE Oil Charts - January 19, 2018

Conclusion: Further declines in US inventories, faster than even we predicted. Oil production growth is strong at close to 1mb/d and is now...

Insights January 17, 2018 Stefan Wieler

Weekly DOE Oil Charts - January 12, 2018

Conclusion: US petroleum inventories continued to declined rapidly, particularly Cushing stocks. Net imports are again at extremely low leve...

Insights January 05, 2018 Stefan Wieler

Weekly DOE Oil Charts - December 29, 2017

Conclusion: US petroleum inventories showed a small counter-seasonal build this week, but crude stocks still drawing relatively fast. We bel...

Insights November 09, 2017 Stefan Wieler

Weekly DOE Oil Charts - November 3, 2017

Conclusion: The large draws continue as net imports remain very low. We continue to believe that we are in a large global deficit in 4Q17, b...

Insights October 25, 2017 Stefan Wieler

Weekly DOE Oil Charts - October 20, 2017

Conclusion: Very large draw of crude and products, which was mainly driven by the record low net import number (mainly due to extremely high...

Insights October 20, 2017 Stefan Wieler

Weekly DOE Oil Charts - October 13, 2017

Conclusion: At first sight the stats look very bullish, with total stocks drawing >11mb more than normal. However, 7mb of that is due...

Insights September 20, 2017 Stefan Wieler

Weekly DOE Oil Charts - September 15, 2017

Conclusion: The weekly DOE statistics are still heavily impacted by the aftermath of hurricane Harvey in this weeks stats and will remain im...

Insights September 13, 2017 Stefan Wieler

Weekly DOE Oil Charts - September 9, 2017

Conclusion: The weekly DOE statistics are heavily impacted by the aftermath of hurricane Harvey in this weeks stats and will remain impacted...

Insights September 06, 2017 Stefan Wieler

Weekly DOE Oil Charts - September 1, 2017

Conclusion: The weekly DOE statistics are heavily impacted by the aftermath of hurricane Harvey in this weeks stats and will remain impacted...

Insights August 30, 2017 Stefan Wieler

Weekly DOE Oil Charts - August 25, 2017

Conclusion: Relatively strong stats, larger than normal inventory draws continue. The oil market is being roiled by the storm related issues...

Insights August 23, 2017 Stefan Wieler

Weekly DOE Oil Charts - August 18, 2017

Conclusion: Rather underwhelming stats. Crude rallied anyway following the release as gasoline stocks drew more than expected (API reported...

Insights August 09, 2017 Stefan Wieler

Weekly DOE Oil Charts - August 4, 2017

Conclusion: Neutral to slightly bullish. Draws are larger than normal but drawdowns have slowed down materially over the past two week compa...

Insights August 02, 2017 Stefan Wieler

Weekly DOE Oil Charts - July 28, 2017

Conclusion: Neutral stats but impressive nevertheless given that we expected some reversal from the last 3 weeks extremely bullish reports....

Insights July 26, 2017 Stefan Wieler

Weekly DOE Oil Charts - July 21, 2017

Conclusion: Very bullish stats. We are three weeks into July and already drew 23.5mb, 36mb more than normal. We continue to expect larger d...

Insights July 19, 2017 Stefan Wieler

Weekly DOE Oil Charts - July 14, 2017

Conclusion: Very bullish stats. Two weeks of solid draws in July paint a very bullish picture despite the apparent strong supply growth data...

Insights July 12, 2017 Stefan Wieler

Weekly DOE Oil Charts - July 7, 2017

Conclusion: Bullish. Strong start into July with another sharp decline in stocks. Ignoring the weekly fluctuation in demand data, average de...

Insights July 05, 2017 Stefan Wieler

Weekly DOE Oil Charts - June 30, 2017

Conclusion: Very bullish stats. Arguably a large share of the draws and the increase in implied demand simply offset the weakness in recent...