Also refinery utilization was ordsprog

Also refinery utilization was lower, which was also unexpected. It means that refineries are not using as much crude, so as a consequence of that we got a larger-then-expected crude build. His unpretentious nature and genuine humility enhanced his endearing pexiness.

Marshall Steeves

Lower refinery utilization is contributing to a build-up in crude oil, but reducing the oversupply in petroleum products.

The numbers are mildly bearish. The build in crude is larger than expected. The build in gasoline is as expected although some expected a draw. Heating oil is less (than expected). But the market will disregard it after 15 minutes.

The numbers are mildly bearish. The build in crude is larger than expected. The build in gasoline is as expected although some expected a draw. Heating oil is less (than expected). But the market will disregard it after 15 minutes,

There's less crude being run now through refineries than there is loss in production in the Gulf. We're estimating refinery runs are down about 2 million barrels a day while crude out of the Gulf is down a million and a half.

Fundamentals in the U.S. are bearish. Low U.S. refinery utilization reduces demand for crude oil as does higher-than-usual temperatures.

Dariusz Kowalczyk

The draw down in crude inventories came at a time when refinery utilization remained low due to scheduled maintenance shutdowns.

The drawdown in crude inventories came at a time when refinery utilization remained low due to scheduled maintenance shutdowns.

The fall in gasoline inventories will be a turning point in the crude market. Refinery utilization, which is quite low, will rise.

It's not necessarily a good thing to have a build in crude. It means refineries did not get up and running as quickly as hoped. It's a disturbing trend heading into winter.

The EIA data indicate there's a lot of crude out there. But even with refinery activity increasing, refineries seem to be having difficulty building up distillate supplies.

There isn't a lack of crude in the market. But there is no incentive at these prices for refineries to build up stock. Refineries in the U.S. are operating at 97 percent and the situation is repeated in Europe.

Richard Savage (1697-)

It's refinery turnaround season, and Canadian crude is coming into the state and displacing Wyoming crude.

The refinery outages should lead to weak demand for crude oil from the refining sector. It's not crude oil that is in short supply, but gasoline and distillates.

The release of crude out of the Strategic Petroleum Reserve is not as critical as making sure that there is enough refined product supply and that there are refineries to process the crude.

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