Crude Oil Stocks – +2.951 MB
Gasoline Stocks – +1.459 MB
Distillate Stocks – +1.372
Platts survey is looking for a 1.54 million barrel build in crude oil stocks, a 200,000 barrel gain in gasoline supplies, and a 1.89 million barrel increase in distillate inventories. In terms of crude oil, we would look for steady to slightly up refinery runs, accompanied by steady to slightly declining gross imports for the week ending April 30. Our math would imply a crude oil stock build less than what the market is looking for.
