Expected Energy Events for January 5 and 6, 2023

On the agenda, on January 5, are stocks of crude oil and petroleum products, natural gas reserves, as well as the production of gasoline and distillates. On January 6, the number of drilling rigs from Baker Hughes is in the spotlight.

January 5, 2023

00:30 GMT+3 – API Weekly Crude Oil Stock. Forecast: –. Previous value: -1.3M

18:30 GMT+3 – Natural Gas Storage. Forecast: –. Previous value: -213В

19:00 GMT+3 – Crude Oil Inventories. Forecast: 2.227M. Previous value: 0.718M

19:00 GMT+3 – Cushing Crude Oil Inventories. Forecast: –. Previous value: -0.195M

19:00 GMT+3 – EIA Weekly Refinery Crude Runs. Forecast: –. Previous value: 0.173M

19:00 GMT+3 – Crude Oil Imports. Forecast: –. Previous value: 1.328M

19:00 GMT+3 – EIA Weekly Refinery Utilization Rates. Forecast: -3.8%. Previous value: 1.1%

19:00 GMT+3 – Distillate Fuel Production. Forecast: –. Previous value: -0.017M

19:00 GMT+3 – EIA Weekly Distillates Stocks. Forecast: -1.833М. Previous value: 0.282М

19:00 GMT+3 – Gasoline Production. Forecast: –. Previous value: 0.592

19:00 GMT+3 – Gasoline Inventories. Forecast: -1,5М. Previous value: -3.105M

19:00 GMT+3 – Heating Oil Stockpiles. Forecast: –. Previous value: 0.011M

January 6, 2023

21:00 GMT+3 – U.S. Baker Hughes Oil Rig Count. Forecast: –. Previous value: 621

21:00 GMT+3 – U.S. Baker Hughes Total Rig Count. Forecast: –. Previous value: 779

More information is provided by the economic calendar.