Posts By: enkon

Crude oil markets seem to have stabilized after oversupply in Spring, but the future appears uncertain. End-product demand has stabilized but is not recovering as quickly as some hoped, as inventories of crude products such as gasoline, jet fuel, and diesel saw builds in the week ending May 29th. Oil… Read more »

Crude storage levels rise as Saudi crude hits shores Commercial crude stocks rose due to temporary factors – namely, the unloading of Saudi crude tankers. A disastrous storage max-out does appear less probable, demand for finished products remained soft, as gasoline demand rose only slightly while diesel consumption fell. Jet… Read more »

Commercial crude stocks fell last week across most of the country, as a disastrous storage max-out appears less and less probable. Still, demand for finished products softened as gasoline demand fell while inventories rose. Diesel inventories continued their sharp ascent even while distillate demand is close to 5-year averages. As… Read more »

U.S. commercial crude stocks fell last week amid sharply lower production, as the probability of a disastrous storage max-out continues to decline. End-market demand shows signs of strength, as gasoline demand rose again. Still, crude imports and refinery inputs of crude oil, particularly in PADD 3, showed signs of weakness…. Read more »

U.S. crude maintained trends from the previous week. Crude production is down; storage levels are building, albeit at a slower pace; refineries are slowly ramping up as drivers consume more gasoline; and crude imports and exports both rose slightly. While these trends, reduce the possibility of a storage max-out on… Read more »

The Permian basin has been the hottest play in the U.S. over the last 6 years. Enkon’s Permian quarterly NGL benchmarking report provides granular insights into Permian NGL supply, infrastructure, logistics, pricing, disposition and outlook. While the transformation and progress of this basin has been fast and furious thus far,… Read more »