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(Update) US Crude Storage Outlook - Small Build
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(Update) US Crude Storage Outlook - Small Build

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HFI Research
Aug 06, 2024
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(Update) US Crude Storage Outlook - Small Build
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For the week ending August 2, we have a small crude build of 1.92 million bbls. The 5-year average is for a build of 1.174 million bbls.

In last week's EIA oil storage report, our modified adjustment showed a jump to ~334k b/d or 2.338 million bbls. There's a possibility that EIA reports no build this week due to the delta.

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