{"id":6825,"date":"2020-07-24T12:19:34","date_gmt":"2020-07-24T16:19:34","guid":{"rendered":"https:\/\/www.fundamentalanalytics.com\/?p=6825"},"modified":"2021-04-25T22:01:05","modified_gmt":"2021-04-26T02:01:05","slug":"refiners-demand-for-crude-oil","status":"publish","type":"post","link":"https:\/\/www.fundamentalanalytics.com\/es\/refiners-demand-for-crude-oil\/","title":{"rendered":"Refiner\u2019s Demand for Crude Oil"},"content":{"rendered":"
Refiner\u2019s Demand for Crude Oil<\/h5>\n

July 24, 2020<\/p>\n

Crude oil is the Oil Refiner\u2019s raw material that is processed in gasoline, diesel fuel, jet fuel, etc.\u00a0 As the need for the refined products declines the amount of crude oil needed correspondingly declines. \u00a0\u00a0By mid-May gasoline and diesel fuel demand had bottomed out and demand was increasing, so crude runs increased.\u00a0 Now, however, with the rising Covid-19 cases and hospitalizations, refined product demand is down.\u00a0 Crude runs, at 14.3 million barrels per day, show the change from increasing runs to now decreasing runs.\u00a0 Monitoring crude runs acts as an index of the state of the US economy.<\/p>\n

The chart below can be constructed in the Fundamental Analytics<\/strong> platform under Fundamentals > DOE > Crude Oil > Refiner Inputs and Utilization > Crude Oil Inputs > Total US.<\/strong><\/p>\n

US Total Crude Runs (Year-over-Year)<\/strong><\/p>\n

Latest Data as of Friday, July 17, 2020\u00a0\u00a0 14.3 million barrels per day<\/strong><\/p>\n

\"\"<\/p>\n

US Total Crude Runs<\/strong><\/p>\n

Latest Data as of Friday, July 17, 2020\u00a0\u00a0 14.3 million barrels per day<\/strong><\/p>\n

\"\"<\/p>\n

\n

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If you have any questions, please contact our Managing Director, Joel Fingerman, at alexios.tyrakis@fundamentalanalytics.com<\/span><\/a><\/p>\n

We also invite you to read our other articles and follow us on social media!<\/p>\n

Best Regards,<\/p>\n

The Fundamental Analytics Team<\/p>\n

The information provided here is for general informational purposes only and should not be considered individualized investment advice. All expressions of opinion are subject to change without notice in reaction to shifting market conditions.<\/em><\/small><\/p>","protected":false},"excerpt":{"rendered":"

Refiner\u2019s Demand for Crude Oil July 24, 2020 Crude oil is the Oil Refiner\u2019s raw material that is processed in gasoline, diesel fuel, jet fuel, etc.\u00a0 As the need for the refined products declines the amount of crude oil needed correspondingly declines. \u00a0\u00a0By mid-May gasoline and diesel fuel demand had bottomed out and demand was […]<\/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 center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6825","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.fundamentalanalytics.com\/es\/wp-json\/wp\/v2\/posts\/6825","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fundamentalanalytics.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fundamentalanalytics.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/es\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/es\/wp-json\/wp\/v2\/comments?post=6825"}],"version-history":[{"count":1,"href":"https:\/\/www.fundamentalanalytics.com\/es\/wp-json\/wp\/v2\/posts\/6825\/revisions"}],"predecessor-version":[{"id":6828,"href":"https:\/\/www.fundamentalanalytics.com\/es\/wp-json\/wp\/v2\/posts\/6825\/revisions\/6828"}],"wp:attachment":[{"href":"https:\/\/www.fundamentalanalytics.com\/es\/wp-json\/wp\/v2\/media?parent=6825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/es\/wp-json\/wp\/v2\/categories?post=6825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/es\/wp-json\/wp\/v2\/tags?post=6825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}