The latest Platts survey is looking for a 1.9 million barrel build in crude oil stocks, a 1.0 million barrel fall in gasoline supplies, and a 1.0 million barrel increase in distillate inventories.  Our cursory cut at the numbers for crude oil would suggest largely unchanged refinery runs as autumn turnarounds continue.  Domestic crude oil production is pegged at about 5.5 MMB/D, while gross imports should have fallen off from the prior week and reverted to our estimated underlying mean.  We would estimate gross imports fell back to average around 9.5-9.6 MMB/D from the near-9.9 MMB/D average of the week before.  Adding up all components would suggest a crude oil stock build a bit less than consensus expectations.

Tags: crude oil inventory outlook, platts inventory estimate, Platts oil inventory assessment