The EIA released its weekly Petroleum Status Report today, outlining how national oil and refined product stocks have changed in the last week. Crude oil stocks fell by 7,419 MBBL last week to 424,463 MBBL, from 431,882 MBBL. This is 11% below the 479,012 MBBL that was in storage at this point last year, and is 9% above the five-year
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The EIA released its weekly Natural Gas Storage Report today, outlining how national natural gas stocks have changed in the last week. In total, the EIA reports natural gas stocks fell by 206 Bcf last week, dropping from 3,332 Bcf to 3,126 Bcf. This is 5.8% below the 3,318 Bcf that was in storage at this point last year, and
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