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Posted April 17, 2014Today in Energy

Gulf Coast crude oil inventories reach record level ›

Crude oil inventories on the U.S. Gulf Coast (USGC) reached 207.2 million barrels (bbl) on April 11, a record high. The elevated inventory levels are the result of the continuing strong crude oil production growth, the opening of TransCanada's Marketlink Pipeline, and a drop in crude oil inputs at USGC refineries as a result of seasonal maintenance. More


Source: EIA, Weekly Petroleum Status Report

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Data Highlights

WTI crude oil futures price

4/16/2014: $103.76/bbl

up$0.16 from week earlier
up$15.04 from year earlier

Natural gas futures price

4/16/2014: $4.530/mmBtu

down$0.056 from week earlier
up$0.370 from year earlier

Natural gas inventories

4/11/2014: 850 Bcf

up24 Bcf from week earlier
down850 Bcf from year earlier

Crude oil inventories

4/11/2014: 394.1 mmbbl

up10.0 mmbbl from week earlier
up6.5 mmbbl from year earlier

Weekly coal production

4/12/2014: 18.937 million tons

down0.182 million tons from week earlier
up1.019 million tons from year earlier

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