This week's crude
oil inventory build takes away from the previous streak of draws that saw almost 50 million barrels removed from inventory, according to API data.
The net percent of owners reporting inventory increases fell 4 percentage points to a net 3 percent (seasonally adjusted), still positive and extending a three month run of
substantial inventory building.
My impression is that much of the activity in new orders
reflects inventory building rather than final demand, and weak retail sales are consistent with that.
According to Genscape (for more information on Genscape data products visit their website) a modest increase last week in the pipeline net flow (inflow minus outflow) at Cushing, which could result
inventories building in Cushing according to Genscape pipeline data only.
U.S. and global oil benchmarks were little changed, having jumped on Wednesday after the government report
on inventory build reversed earlier bearish market expectations.
A U.S. crude
inventory build of 2.6 million barrels in the week through Dec. 25 could keep downside pressure on oil, reports CNBC's Jackie DeAngelis.
One result from increased production could be a series of weekly
inventory builds from the Department of Energy, and we could see a massive unwinding in speculative positioning, currently near the highest levels since 2006.
CNBC's Jackie DeAngelis, reports oil prices are rebounding
after inventory builds pushed crude to its worst day in three months.
Though the blue jean originated as workwear, it is a trendy fashion item today; the staggering reduction in times to design and manufacture the product allows Levi to delay final style decisions and
reduce inventory build - up.
In the coming weeks, we will probably
see inventory builds not just because of the end of driving season, but also because the effects from Harvey will take at least a couple of months to offset, at least according to Goldman Sachs.
However, component shortages are expected to have driven some of the vendors» shipment
towards inventory build - up.
Natural - gas prices on Nymex ended lower after the EIA on Thursday reported the first weekly supply increase of the injection season — a time
when inventories build ahead of the expected rise in summer cooling demand.
Gasoline inventories built for the first time in two weeks, by 1.1 million barrels for the week ending September 22, against an expected draw of 921,000 barrels.
For the Christoffersens, Saturday's crowds meant some last -
minute inventory building after they sold out their supply of decorative willow chairs by 3 p.m. Robert constructs the chairs using crooked willow branches and wooden boards from old barns.
These 2006 IPCC Guidelines for National Greenhouse
Gas Inventories build on the previous Revised 1996 IPCC Guidelines and the subsequent Good Practice reports in an evolutionary manner to ensure that moving from the previous guidelines to these new guidelines is as straightforward as possible.
If Storm reaches stores in late November, Suva thinks RIM will report inline Nov. quarter results with «weak» net subscriber additions and
channel inventory build, and «tepid guidance,» he says.
American Petroleum Institute (API) crude oil inventory data
Oil inventory build of 2.6 mln barrels Cushing draw of 319K barrels Gasoline -1.94 mln bbls Distillate -95 K bbls The survey expectations Continue Reading
That will swing based
on inventory build, what is happening in the broken private credit market, etc., but it should avg.
«
An inventory build similar to what the API showed could put some further downward pressure on the market,» ING said in a note.
Inventory builds a concern for the oil market as energy investors turn their focus to the Fed.
A good chunk of the first - quarter GDP gains came from
an inventory build.
Crude futures held on to strong gains in early Asian trading on Thursday, after the U.S. Federal Reserve kept rates unchanged and a weekly government report on oil stockpiles showed
an inventory build that was within expectations.
Sometimes,
inventories build up on statements and are worthless or very hard to get rid of in real life — if you had $ 400,000 worth of 1980s computers, they'd be kind of hard to get rid of at the retail value.
Instead of indicating an inability to move merchandise or creating a drag on future results,
the inventory build - up is part of the deliberate strategy the company's management has communicated to investors since 2001, says Katsenelson, who personally holds the stock.
This is since commodities in the short - run can not be drilled, mined and grown causing relatively slow cycles of
inventory building, which in - turn drives patterns of commodity prices to trend up and down.
And in 2015, it appeared
the inventory build in several markets was ending, and that boosted price increases.