PDF attached
Weekly ethanol production increased 9,000 barrels per day to 976,000 barrels and stocks fell a large 943,000 barrels to 23.363 million barrels. For comparison, a Bloomberg poll looked for weekly US ethanol production to be down 4,000 thousand barrels and stocks up 117,000 barrels. Production is down on average 7,000 barrels over the past four weeks. Stocks are lowest since December 2. US gasoline stocks were up 1.74 million barrels to 222.9 million. US gasoline demand fell 893,000 barrels to 8.618 million.
US DoE Crude Oil Inventories (W/W) 28-Apr: -1.281M (est -500K; prev -5.054M)
– Distillate Inventories: -1.190M (est -800K; prev -577K)
– Cushing OK Crude Inventories: +541K (prev +319K)
– Gasoline Inventories: +1.742M (est -1.500M; prev -2.408M)
– Refinery Utilization: -0.60% (est 0.55%; prev 0.30%)
EIA: US Crude Stocks In SPR Fell In Latest Week To Lowest Since Oct. 1983
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Weekly_EIA_Ethanol_Data-FI050323.pdf