Primary Vision Network on YouTube

August 28th, 2020

Key points:

- The speaker mentions fighting fraud and urges vigilance.
- The EIA (Energy Information Administration) will be discussed in three segments.
- Gasoline had a small draw, but blending components did not, indicating a potential increase in the future.
- Floating storage and demand increases will be discussed.
- Global markets, including China and Russian fuel oil, will be analyzed.
- Total oil and product stockpiles are normal for this time period.
- Land storage has been flatlining, but netting land and floating storage together shows a healthy number.
- Total floating storage is staying near the higher end of the range.
- Crude stocks had a build, with Pad 2 and Pad 3 being the bigger drivers.
- Cushing and Pad 3 are expected to stay fairly sideways.
- Refining activity and runs are increasing.
- A fire at a Valero facility may impact inventory levels.
- The speaker expects a decline in runs due to the fire.
- The overall trend is an increase in inventory levels.

Main topics: fraud, EIA, gasoline, blending components, floating storage, demand, global markets, stockpiles, land storage, floating storage, crude stocks, Cushing, refining activity, runs, Valero fire, inventory levels.

#fraud #EIA #gasoline #blendingcomponents #floatingstorage #demand #globalmarkets #stockpiles #landstorage #crudestocks #Cushing #refiningactivity #runs #Valerofire #inventorylevels

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From Fracking activity and Fracking market trends to Oil and Gas News, Hydraulic Fracturing and Frac Spread Count, we bring you shows covering:

EIA (typically Wednesdays) – Senior Analyst Mark Rossano covers imports, exports and refined product data from the EIA on a weekly basis.

Economy (typically Thursdays) – Senior Analyst Mark Rossano helps produce a five-video series pulling a variety of data points to monitor the health of the economy. Nothing is left uncovered in this deep dive weekly narrative that covers everything from inflation, supply chain metrics to covid-19 lockdowns, geopolitics and so much more!

*Premium Subscribers only* – Frac Spread Count – Primary Vision releases its Frac Spread Count data and video on Friday afternoons. The number that tracks the weekly number of active pressure pumpers in the United States. Contact us to learn more.

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