Energy Update: 4/22/2020
DOE
CL build 15.0 million barrels
HO built 739 million barrels
Expectations
CL builds of 15.2 million barrels
HO builds of 2.8 million barrels
NL builds of 3.6 million barrels
Refinery down up 1.5%
API
CL built 13.2 million barrels
HO built 7.6 million barrels
NL built 3.4 million barrels
Propane
US built 700,000 barrels
MW built 200,000 barrels
Gulf Drew 600,000 barrels
Exports down 600,000BPD @ 1.1 million bpd