{"id":12138,"date":"2010-09-22T17:00:45","date_gmt":"2010-09-22T15:00:45","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/12138\/oil-inventories-surged-exacerbating-concerns-about-demandsupply-fundamentals\/"},"modified":"2010-09-22T17:00:45","modified_gmt":"2010-09-22T15:00:45","slug":"oil-inventories-surged-exacerbating-concerns-about-demandsupply-fundamentals","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/12138\/oil-inventories-surged-exacerbating-concerns-about-demandsupply-fundamentals\/","title":{"rendered":"Oil Inventories Surged, Exacerbating Concerns about Demand\/Supply Fundamentals"},"content":{"rendered":"

Total crude oil and petroleum products stocks resumed the rising trend after dropping in the prior week. Total stockpiles increased +3.30 mmb to a recorded high of 11.44 mmb in the week ended September 17. Crude oil inventory gained +0.97 mmb to 358.34 mmb as 3 out of the 5 districts recorded gains which were partly offset by declines in the Midwest and Rocky Mountain. Inventory in the Midwest dropped -0.90 mmb while Cushing stock dropped for a 7th week, by -0.21 mmb, to 34.74 mmb. Note that the reading was distorted by suspension of the Enbridge pipeline which carries oiil from Canada to the Midwest. Utilization rate, however, climbed slightly to 87.8%.<\/p>\n

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\nOil Inventories Surged, Exacerbating Concerns about Demand\/Supply Fundamentals<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Total crude oil and petroleum products stocks resumed the rising trend after dropping in the prior week. Total stockpiles increased +3.30 mmb to a recorded high of 11.44 mmb in the week ended September 17. Crude oil inventory gained +0.97 mmb to 358.34 mmb as 3 out of the 5 districts recorded gains which were partly offset by declines in the Midwest and Rocky Mountain. Inventory in the Midwest dropped -0.90 mmb while Cushing stock dropped for a 7th week, by -0.21 mmb, to 34.74 mmb. Note that the reading was distorted by suspension of the Enbridge pipeline which carries oiil from Canada to the Midwest. Utilization rate, however, climbed slightly to 87.8%. <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lightning_design_setting":[],"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12138","post","type-post","status-publish","format-standard","hentry","category-welcome-start-here-tradecrudeoilchatroom"],"_links":{"self":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/12138","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/comments?post=12138"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/12138\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=12138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=12138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=12138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}