US Crude Storage Will Build This Week But Here's What To Look For

Nov 12, 2024

∙ Paid

For the week ending Nov 8, we have a crude build of 5.36 million bbls, including the SPR build of 0.6 million bbls.

The hurricane-related shut-in in the Gulf of Mexico marginally impacted this week's US oil production. Based on the data provided by BSEE, we estimate that ~46k boe/d (on a weekly basis) was impacted for this report.

Looking ahead, this is what we are seeing:

HFI Research

US Crude Storage Will Build This Week But Here's What To Look For

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