Petroleum Report For Week Ending 10/7/05

BoeingBoy

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Nov 9, 2003
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Since the data is already a week old, an abbreviated report...

U.S. crude oil refinery inputs averaged nearly 12.6 million barrels per day during the week ending October 7, up 868,000 barrels per day from the previous week's average, as some Gulf Coast refiners were able to begin operating again. Refineries operated at 74.9 percent of their operable capacity last week (capacity temporarily lost is not subtracted from operable capacity). Gasoline and distillate fuel production both rose, averaging nearly 7.9 million barrels per day and over 3.2 million barrels per day, respectively.

Spot prices for jet fuel.....10/07.......9/30......9/23......9/16.......9/09.......9/02.......8/26
New York Harbor.........$2.3050 $2.4200 $2.0700 $1.9450 $2.0100 $2.2750 $1.9100
Gulf Coast...................$2.8400 $2.6450 $2.1750 $1.9050 $1.9488 $2.2050 $1.8675
Los Angeles................$2.0850 $2.3050 $2.0000 $1.8850 $1.9500 $2.2538 $2.0000

Spot prices for crude......10/07.....9/30.....9/23....9/16.....9/09.....9/02.....8/26
WTI Cushing.................$61.81 $66.21 $64.67 $62.91 $64.21 $66.91 $66.71
Brent............................$57.29 $61.70 $62.17 $60.48 $62.62 $65.95 $67.26

Current crude prices:

WTI Cushing...$62.63 (10/14/05 per Bloomberg)
Dated Brent....$57.64 (10/14/05 per Bloomberg)
NYMEX............$62.63 (10/14/05 per Bloomberg)

Finally, average spot prices of jet fuel by month (by quarter once the quarter is over):

Delivery point....1Q05......2Q05......3Q05.....Oct05*
NY Harbor..... $1.4861 $1.5833 $1.9253 $2.3124
Gulf Coast..... $1.4400 $1.5649 $1.9263 $2.8843
Los Angeles.. $1.5228 $1.7008 $1.9585 $2.1190

*thru 10/12/05

As has been the case for the last few weeks, here is a chart showing WTI-Cushing and jet fuel spot prices per barrel for each trading day since before Kartina came ashore. It covers the period starting 8/26/05 through 10/2/05.

[I need to delete the charts from previous weeks before I'll have space to attach this week's chart, and for some reason I'm unable to access the "Manage Attachments" page. I'll try again later. Once the earlier charts are deleted, I'll post the new chart]

Jim
 
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I was finally able to delete the charts from previous week's reports, so there's space for the chart for this one. This shows daily (trading days only) spot prices per barrel for WTI crude and jet fuel for the period 8/26/05 thru 10/7/05.

View attachment 3518

Jim
 
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