50.24$US/1 Barrel
58.30$US/1 Barrel
53.70$US/1 Barrel
70.77$US/1 Barrel
75.61$US/1 Barrel
75.71$US/1 Barrel
77.66$US/1 Barrel
68.98$US/1 Barrel
68.83$US/1 Barrel
67.03$US/1 Barrel
51.81$US/1 Barrel
57.57$US/1 Barrel
55.28$US/1 Barrel
62.57$US/1 Barrel
64.72$US/1 Barrel
60.50$US/1 Barrel
62.00$US/1 Barrel
54.25$US/1 Barrel
59.25$US/1 Barrel
60.75$US/1 Barrel
485.00$US/MT
378.00$US/MT
705.00$US/MT
585.00$US/MT
508.00$US/MT
467.00$US/MT
368.00$US/MT
395.25$US/MT
678.00$US/MT
832.75$US/MT
SEATTLE (Oil Monster): The Macquarie strategists predict that for the week ending July 11, 2025, U.S. oil inventories will increase by around 1.2 million barrels per week. This comes after 7.1 million barrels of crude oil were added the week before.
There will likely be a slight decrease of 0.1 million barrels per day in refinery crude runs. With a little decrease in net imports, exports and imports will increase by 0.7 and 0.4 million barrels per day, respectively.
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The indicated domestic supply is expected to decline by 0.7 million barrels per day on a nominal basis. The analysts predict 0.6 million barrels of jet build and 0.8 million barrels of fuel draw. It is probable that the distillate stocks will continue to decline slightly. For the week ending July 11, the demand for these three goods is probably going to stay at about 14.5 million barrels per day.
In its most recent weekly petroleum status report, the U.S. Energy Information & Administration (EIA) reported that, excluding those in the SPR, U.S. commercial crude oil stocks rose by 7.1 million barrels between the week ending June 27 and the week ending July 4. On July 4, the total amount of crude oil stocks, excluding SPR, was 426.0 million barrels. On July 4, crude oil in the SPR was valued at 403.0 million barrels.
According to the Macquarie team's most recent oil and gas assessment, U.S. crude stocks would increase by 2.7 million barrels for the week ending July 4.