{"id":3234,"date":"2018-06-16T20:30:39","date_gmt":"2018-06-17T00:30:39","guid":{"rendered":"https:\/\/www.fundamentalanalytics.com\/?p=3234"},"modified":"2018-06-16T20:30:39","modified_gmt":"2018-06-17T00:30:39","slug":"doe-insights-june-5-2018","status":"publish","type":"post","link":"https:\/\/www.fundamentalanalytics.com\/ar\/doe-insights-june-5-2018\/","title":{"rendered":"DOE Insights June 5, 2018"},"content":{"rendered":"<h2 style=\"text-align: center;\"><strong>DOE Insights\u00a0\u00a0 <\/strong><\/h2>\n<h6><strong>Wednesday, June 5, 2018<\/strong><\/h6>\n<p><strong>Crude Oil Stocks Build, Expectations were for a Draw<\/strong><\/p>\n<p>The DOE reported Total Crude Oil Inventories increased by 2.1 million barrels to 436.6 million barrels for the week ending June 5, 2018, expectations average was for a 1.9 million barrel decrease, with a range of 3.7 million draw to a 2.5 million barrel build.<\/p>\n<p>Overall hydrocarbon supplies increased by a significant 15.8 million barrels to 1,210 million barrels.<\/p>\n<p>Crude Oil Production increased by 30,000 barrels to a record 10.80 million barrels per day.<\/p>\n<p>Total Crude Imports were up by 700,000 barrels per day to 8.3 million barrels per day.<\/p>\n<p>Total Refinery Crude Runs were up by 210,000 barrels per day to 17.37 million barrels per day.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-1925\" src=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/06\/Picture1.png\" alt=\"\" width=\"974\" height=\"704\" \/> <img decoding=\"async\" class=\"aligncenter size-full wp-image-1939\" src=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/06\/doejune5-2.png\" alt=\"\" width=\"972\" height=\"704\" \/> <img decoding=\"async\" class=\"aligncenter size-full wp-image-1938\" src=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/06\/doejune5-3.png\" alt=\"\" width=\"972\" height=\"710\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-1937\" src=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/06\/doejune5-4.png\" alt=\"\" width=\"972\" height=\"714\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-1936\" src=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/06\/doejune5-5.png\" alt=\"\" width=\"974\" height=\"710\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-1935\" src=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/06\/doejune5-6.png\" alt=\"\" width=\"972\" height=\"702\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-1934\" src=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/06\/doejune5-7.png\" alt=\"\" width=\"974\" height=\"706\" \/><\/p>\n<p><strong>Gasoline Stocks Build, Greater than Expectations\u00a0 <\/strong><\/p>\n<p>Total MotorGasoline Inventories increased by 4.6 million barrels to 239.0 million barrels for the week ending June 5, 2018, average of expectations was for a build of 400,000 barrels, with a range of a 1.7 million barrel draw to a 1.4 million barrel build.<\/p>\n<p>Implied Demand was down by 1.54 million barrels per day at 9.78 million barrels per day.<\/p>\n<p>Gasoline Production was also down, by 780,000 barrels per day to 9.66 million barrels per day.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-1933\" src=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/06\/doejune5-8.png\" alt=\"\" width=\"972\" height=\"706\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-1932\" src=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/06\/doejune5-9.png\" alt=\"\" width=\"972\" height=\"704\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-1931\" src=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/06\/doejune5-10.png\" alt=\"\" width=\"972\" height=\"718\" \/><\/p>\n<p><strong>Distillates Stocks Build , Greater than Expectations<\/strong><\/p>\n<p>Total Distillates Stocks increased by 2.2 million barrels to 116.8 million barrels for the week ending June 5, 2018, average of expectations was for a build \u00a0900,000 barrels, with a range of a draw of 1.0 million barrels to a build of 3.5 million barrels.\u00a0 Despite the build Stocks remain at record lows for this time of the year.<\/p>\n<p>Total Distillates Production was up 30,000 barrels to 5.32 million barrels per day.<\/p>\n<p>Total Distillates Implied Demand was off by 280,000 barrels per day to 5.16 million barrels per day.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-1930\" src=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/06\/doejune5-11.png\" alt=\"\" width=\"972\" height=\"708\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-1929\" src=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/06\/doejune5-12.png\" alt=\"\" width=\"972\" height=\"710\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-1928\" src=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/06\/doejune5-13.png\" alt=\"\" width=\"972\" height=\"706\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-1927\" src=\"https:\/\/www.fundamentalanalytics.com\/wp-content\/uploads\/2018\/06\/doejune5-14.png\" alt=\"\" width=\"972\" height=\"710\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>","protected":false},"excerpt":{"rendered":"<p>DOE Insights\u00a0\u00a0 Wednesday, June 5, 2018 Crude Oil Stocks Build, Expectations were for a Draw The DOE reported Total Crude Oil Inventories increased by 2.1 million barrels to 436.6 million barrels for the week ending June 5, 2018, expectations average was for a 1.9 million barrel decrease, with a range of 3.7 million draw to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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