comment EIA Forecast For Week Ending February 21st, 2020

Published in Data. ∼ Updated Jul 11, 2020

For the week ending February 21st, 2020, our forecast landed on a BUILD/INCREASE of 3,045,000 barrels for the week in US commercial crude oil inventory. The forecast is represented in the first, small table, and is based on our Exports and Adjustment though (as of today; to avoid confusion) we are now presenting what we believe the EIA will report in Exports and Adjustment. In accordance with EIA practice, their forecasted Export number is rounded to the nearest thousand barrels. Our actual Exports look differently. Also, here is our EIA Weekly Adjustment Theory.

For the data table below, we have the following definitions:

  • PRODUCTION, IMPORTS, EXPORTS, REFINING and ADJUSTMENT are stated in BARRELS PER DAY.
  • RESULT is the total amount of barrels that have been added/removed for the WEEK, not daily.
  • SPR is the amount of barrels remaining in the US Strategic Petroleum Reserves.
  • STOCKS is the amount of barrels remaining in US Commercial Inventory.
  • CUSHING is the amount of barrels remaining in Cushing, Oklahoma.

Our forecast, per data metric.

Week Ending Production Imports Exports Refining Adjustment Result SPR Stocks
02/21/2020 13,000,000 6,800,000 3,897,000 16,000,000 532,000 3,045,000 634,967,000 445,928,000

Here are the EIA results for the past 60 weeks, showing year-on-year progress.

Week Ending Production Imports Exports Refining Adjustment Result SPR Stocks Cushing Comment
12/28/2018 11,700,000 7,392,000 2,237,000 17,760,000 905,999 7,000 649,139,000 441,418,000 41,932,000 GOV SHUTDOWN
1/4/2019 11,700,000 7,846,000 2,065,000 17,566,000 -155,001 -1,680,000 649,139,000 439,738,000 42,262,000
1/11/2019 11,900,000 7,527,000 2,966,000 17,223,000 378,713 -2,683,000 649,139,000 437,055,000 41,519,000
1/18/2019 11,900,000 8,191,000 2,035,000 17,049,000 131,570 7,970,000 649,139,000 445,025,000 41,329,000
1/25/2019 11,900,000 7,083,000 1,944,000 16,463,000 -444,715 919,000 649,139,000 445,944,000 41,184,000
2/1/2019 11,900,000 7,146,000 2,870,000 16,633,000 637,428 1,263,000 649,139,000 447,207,000 42,625,000
2/8/2019 11,900,000 6,210,000 2,364,000 15,768,000 540,999 3,633,000 649,139,000 450,840,000 41,609,000
2/15/2019 12,000,000 7,522,000 3,607,000 15,711,000 320,570 3,672,000 649,139,000 454,512,000 45,022,000
2/22/2019 12,100,000 5,917,000 3,359,000 15,890,000 -3,287 -8,647,000 649,139,000 445,865,000 46,650,000
3/1/2019 12,100,000 7,001,000 2,803,000 15,990,000 699,999 7,069,000 649,126,000 452,934,000 47,523,000
3/8/2019 12,000,000 6,746,000 2,546,000 16,020,000 -731,715 -3,862,000 649,126,000 449,072,000 46,851,000
3/15/2019 12,100,000 6,932,000 3,392,000 16,198,000 -811,858 -9,589,000 649,126,000 439,483,000 46,383,000
3/22/2019 12,100,000 6,540,000 2,886,000 15,831,000 476,999 2,800,000 649,126,000 442,283,000 46,924,000
3/29/2019 12,200,000 6,763,000 2,723,000 15,849,000 642,999 7,238,000 649,126,000 449,521,000 47,125,000
4/5/2019 12,200,000 6,599,000 2,349,000 16,100,000 654,142 7,029,000 649,126,000 456,550,000 45,992,000
4/12/2019 12,100,000 5,992,000 2,401,000 16,078,000 187,570 -1,396,000 649,126,000 455,154,000 44,449,000
4/19/2019 12,200,000 7,149,000 2,681,000 16,583,000 697,713 5,479,000 649,126,000 460,633,000 44,912,000
4/26/2019 12,300,000 7,414,000 2,611,000 16,446,000 685,142 9,934,000 648,587,000 470,567,000 45,177,000
5/3/2019 12,200,000 6,693,000 2,322,000 16,405,000 -856,430 -3,963,000 647,717,000 466,604,000 45,998,000
5/10/2019 12,100,000 7,612,000 3,347,000 16,676,000 834,856 5,431,000 645,953,000 472,035,000 47,803,000
5/17/2019 12,200,000 6,943,000 2,922,000 16,578,000 871,999 4,740,000 644,818,000 476,775,000 49,069,000
5/24/2019 12,300,000 6,862,000 3,317,000 16,767,000 881,713 -282,000 644,818,000 476,493,000 49,053,000
5/31/2019 12,400,000 7,927,000 3,298,000 16,938,000 876,285 6,771,000 644,818,000 483,264,000 50,844,000
6/7/2019 12,300,000 7,611,000 3,122,000 17,064,000 589,999 2,205,000 644,818,000 485,469,000 52,940,000
6/14/2019 12,200,000 7,467,000 3,422,000 17,264,000 575,428 -3,105,000 644,818,000 482,364,000 53,582,000
6/21/2019 12,100,000 6,656,000 3,770,000 17,337,000 524,999 -12,782,000 644,818,000 469,582,000 51,836,000
6/28/2019 12,200,000 7,585,000 2,990,000 17,290,000 339,142 -1,091,000 644,818,000 468,491,000 52,488,000
7/5/2019 12,300,000 7,302,000 3,048,000 17,438,000 -473,001 -9,499,000 644,818,000 458,992,000 52,178,000
7/12/2019 12,000,000 6,832,000 2,534,000 17,267,000 523,856 -3,116,000 644,818,000 455,876,000 50,827,000
7/19/2019 11,300,000 7,028,000 3,292,000 17,034,000 450,142 -10,835,000 644,818,000 445,041,000 50,398,000
7/26/2019 12,200,000 6,663,000 2,574,000 16,991,000 -511,715 -8,496,000 644,818,000 436,545,000 48,865,000
8/2/2019 12,300,000 7,148,000 1,865,000 17,777,000 534,713 2,385,000 644,818,000 438,930,000 47,361,000
8/9/2019 12,300,000 7,714,000 2,683,000 17,302,000 196,713 1,580,000 644,818,000 440,510,000 44,821,000
8/16/2019 12,300,000 7,218,000 2,803,000 17,702,000 596,713 -2,732,000 644,818,000 437,778,000 42,336,000
8/23/2019 12,500,000 5,928,000 3,019,000 17,408,000 566,570 -10,027,000 644,818,000 427,751,000 40,356,000
8/30/2019 12,400,000 6,904,000 3,061,000 17,381,000 456,428 -4,771,000 644,818,000 422,980,000 40,126,000
9/6/2019 12,400,000 6,725,000 3,295,000 17,495,000 677,570 -6,912,000 644,818,000 416,068,000 39,328,000
9/13/2019 12,400,000 7,050,000 3,175,000 16,707,000 583,142 1,058,000 644,818,000 417,126,000 38,681,000
9/20/2019 12,500,000 6,378,000 2,983,000 16,513,000 962,570 2,412,000 644,818,000 419,538,000 40,937,000
9/27/2019 12,400,000 6,291,000 2,867,000 16,017,000 636,428 3,104,000 644,818,000 422,642,000 40,736,000
10/4/2019 12,600,000 6,224,000 3,401,000 15,656,000 622,570 2,927,000 644,618,000 425,569,000 41,677,000
10/11/2019 12,600,000 6,295,000 3,248,000 15,436,000 933,570 9,281,000 643,349,000 434,850,000 42,953,000
10/18/2019 12,600,000 5,857,000 3,683,000 15,865,000 705,570 -1,699,000 642,350,000 433,151,000 44,459,000
10/25/2019 12,600,000 6,697,000 3,327,000 15,998,000 742,856 5,702,000 641,652,000 438,853,000 46,031,000
11/1/2019 12,600,000 6,077,000 2,371,000 15,761,000 487,713 7,929,000 640,952,000 446,782,000 47,745,000 KEYSTONE OUTAGE
11/8/2019 12,800,000 5,750,000 2,633,000 15,916,000 109,856 2,219,000 639,509,000 449,001,000 46,516,000 KEYSTONE OUTAGE
11/15/2019 12,800,000 5,972,000 3,027,000 16,435,000 605,285 1,379,000 637,537,000 450,380,000 44,221,000
11/22/2019 12,900,000 6,190,000 3,480,000 16,334,000 753,285 1,572,000 636,170,000 451,952,000 44,124,000
11/29/2019 12,900,000 5,989,000 3,135,000 16,798,000 206,856 -4,856,000 635,166,000 447,096,000 43,822,000
12/6/2019 12,800,000 6,887,000 3,400,000 16,597,000 399,142 822,000 634,968,000 447,918,000 40,429,000
12/13/2019 12,800,000 6,579,000 3,633,000 16,562,000 660,856 -1,085,000 634,967,000 446,833,000 40,164,000
12/20/2019 12,900,000 6,809,000 3,397,000 16,980,000 -114,001 -5,474,000 634,967,000 441,359,000 37,771,000
12/27/2019 12,900,000 6,352,000 4,462,000 17,283,000 855,428 -11,463,000 634,967,000 429,896,000 36,322,000
1/3/2020 12,900,000 6,730,000 3,064,000 16,897,000 497,285 1,164,000 634,967,000 431,060,000 35,501,000
1/10/2020 13,000,000 6,552,000 3,481,000 16,973,000 537,856 -2,549,000 634,967,000 428,511,000 35,843,000
1/17/2020 13,000,000 6,432,000 3,414,000 16,857,000 781,142 -405,000 634,967,000 428,106,000 34,882 000
1/24/2020 13,000,000 6,660,000 3,509,000 15,924,000 279,856 3,548,000 634,967,000 431,654,000 35,640,000
1/31/2020 12,900,000 6,615,000 3,413,000 15,972,000 349,285 3,355,000 634,967,000 435,009,000 36,708,000
2/7/2020 13,000,000 6,978,000 2,970,000 16,020,000 77,570 7,459,000 634,967,000 442,468,000 38,276,000
2/14/2020 13,000,000 6,547,000 3,564,000 16,210,000 286,285 415,000 634,967,000 442,883,000 38,243,000
public Note: This entry is public and can be shared with the world. People do not need to be subscribed to read this particular entry.
In order to improve your experience, this website uses cookies to manage your session and maintain your personal preferences. By continuing to browse TankerTrackers.com, you are agreeing to the use of cookies. For more information, please read through our cookie policy.
© 2020 TankerTrackers.com, Inc.