New Research: Tell-Tale Signs in U.S. Oil Inventories

Oil: Tell-Tale Signs in U.S. Inventories

By Erik Norland, Senior Economist, CME Group

  • U.S. oil inventories still growing, but at a slower pace
  • Oil stocks growing faster than those of its products
  • Crude oil production has fallen 10% since peaking in 2015
  • Any increase in crude output could widen crack spreads