PDF attached
US weekly ethanol production decreased 13,000 barrels from the previous week to 1.021 million and stocks decreased 225,000 barrels to 23.328 million. A Bloomberg poll looked for weekly US ethanol production to be down 2,000 barrels and stocks up 95,000 barrels to 23.648 million. Weekly gasoline demand increased 724,000 barrels to 9.245 million.
US DoE Crude Oil Inventories (W/W) 22-Jul: -4.523M (est -1.037M; prev -0.445M)
– Distillate Inventories: -0.784M (est +0.500M; prev -1.295M)
– Cushing OK Crude: +0.751M (prev +1.143M)
– Gasoline Inventories: -3.304M (est -0.857M; prev +3.498M)
– Refinery Utilization: -1.5% (est +0.4%; prev -1.2%)
Terry Reilly
Senior Commodity Analyst – Grain and Oilseeds
Futures International
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Weekly_EIA_Ethanol_Data-FI072722.pdf