Wrap – Week Ended 05/18/18



The ZLT ended the week up 3.2% and is up 19.1% in the last 3 months, and 6% year to date, to levels just short of highs reached in late 2016. 


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4 Responses to “Wrap – Week Ended 05/18/18”

  1. 1
    zman Says:
    Relative to five year average inventory levels: A) Crude stocks are 2.3% UNDER (vs 2.1% UNDER last week), B) Gasoline stocks are 2.4% OVER (vs 3.7% Over last week), and C) Distillate stocks are 12.9% UNDER (vs 13.4% UNDER last week). 
  2. 2
    brodway Says:

    like a soap opera, the story just keeps taking new directions.


  3. 3
    crysball Says:


    Is there any quantitative measure of the  crude oil fractions & NGL’s consumed  by the the US  Petrochemical Industry and or exported from the US?

    Petrochemicals( including plastics)  appear to be an area of of significant near term growth …..is there a way to tack them?

  4. 4
    zman Says:

    re 3 – we track oil refining as you know and then total crude product exports and on a more delayed basis NGL exports which have been jumping faster than the crudeexports.  I'm out of pocket tonight but will put together a chart in the morning on the NGLs. 

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