MacroMicro

Crude Oil ×

Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
SPDR-能源類股ETF[XLE] $78.47 14.40% 41.39% 0.10%
Vanguard-能源類股ETF[VDE] $110.74 15.90% 42.69% 0.10%
SPDR-標普油氣開採與生產ETF[XOP] $140.25 20.92% 46.29% 0.35%
VanEck-Vectors石油服務ETF[OIH] $242.82 18.21% 31.37% 0.35%
iShares-美國能源ETF[IYE] $42.80 16.68% 42.19% 0.41%
#Commodities-Type: Diversified #Commodities-Type: Energy #Commodities-Type: Energy, Crude Oil #Theme: Oil & Gas

Save MM Crude Oil Fundamental Index

MMFI for Crude oil is an integral index created by MacroMicro for crude oil futures fundamentals. When it goes up, it means the fundamentals of crude oil market are looking good.

This chart reflects the fundamentals of crude oil market. The components of oil MMFI are listed in this section, including US Crude Oil Inventories (YoY), Crude Oil COT Index, US Gasoline and Distillate Fuel Inventories, etc. We adjust the weight of each component according to the latest market conditions.

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Latest Stats
  • MacroMicro Oil Fundamental Index(L)
    2022-07
    -1.99
  • WTI Crude Oil Futures Price(R)
    2022-08-15
    88.22
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Commodity
Source
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Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
SPDR-能源類股ETF[XLE] $78.47 14.40% 41.39% 0.10%
Vanguard-能源類股ETF[VDE] $110.74 15.90% 42.69% 0.10%
SPDR-標普油氣開採與生產ETF[XOP] $140.25 20.92% 46.29% 0.35%
VanEck-Vectors石油服務ETF[OIH] $242.82 18.21% 31.37% 0.35%
iShares-美國能源ETF[IYE] $42.80 16.68% 42.19% 0.41%
#Commodities-Type: Diversified #Commodities-Type: Energy #Commodities-Type: Energy, Crude Oil #Theme: Oil & Gas
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
SPDR-能源類股ETF[XLE] $78.47 14.40% 41.39% 0.10%
Vanguard-能源類股ETF[VDE] $110.74 15.90% 42.69% 0.10%
SPDR-標普油氣開採與生產ETF[XOP] $140.25 20.92% 46.29% 0.35%
VanEck-Vectors石油服務ETF[OIH] $242.82 18.21% 31.37% 0.35%
iShares-美國能源ETF[IYE] $42.80 16.68% 42.19% 0.41%
#Commodities-Type: Diversified #Commodities-Type: Energy #Commodities-Type: Energy, Crude Oil #Theme: Oil & Gas

Save World Petro & Other Fuel Production & Consumption Estimates

This chart shows supply, demand and 2-year projections for petroleum and other liquid fuel (eg. crude oil, gas, diesel and aviation fuel) from EIA's monthly STEO report. When supply outgrows demand, oil price could fall.

Unit: million barrels / day

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Latest Stats
  • Production (Million Barrels Per Day, L)
    2023 Q4
    101.71
  • Consumption (Million Barrels Per Day, L)
    2023 Q4
    101.64
  • Production minus Consumption (BPD, R)
    0.00
Source
Feedback
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
SPDR-能源類股ETF[XLE] $78.47 14.40% 41.39% 0.10%
Vanguard-能源類股ETF[VDE] $110.74 15.90% 42.69% 0.10%
SPDR-標普油氣開採與生產ETF[XOP] $140.25 20.92% 46.29% 0.35%
VanEck-Vectors石油服務ETF[OIH] $242.82 18.21% 31.37% 0.35%
iShares-美國能源ETF[IYE] $42.80 16.68% 42.19% 0.41%
#Commodities-Type: Diversified #Commodities-Type: Energy #Commodities-Type: Energy, Crude Oil #Theme: Oil & Gas

Save US Crude Oil Supply and Demand

EIA releases daily product supplied (consumption) and field production of petroleum in its weekly report. Demand shows sharp fluctuations, but in general it rises from late spring to summer and from late fall to winter.

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Latest Stats
  • US Daily Consumption of Petroleum (L)
    2022 W31
    19,474.00k
  • US Daily Field Production of Petroleum (R)
    2022 W31
    12,200.00k
Source
Feedback
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
SPDR-能源類股ETF[XLE] $78.47 14.40% 41.39% 0.10%
Vanguard-能源類股ETF[VDE] $110.74 15.90% 42.69% 0.10%
SPDR-標普油氣開採與生產ETF[XOP] $140.25 20.92% 46.29% 0.35%
VanEck-Vectors石油服務ETF[OIH] $242.82 18.21% 31.37% 0.35%
iShares-美國能源ETF[IYE] $42.80 16.68% 42.19% 0.41%
#Commodities-Type: Diversified #Commodities-Type: Energy #Commodities-Type: Energy, Crude Oil #Theme: Oil & Gas
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
SPDR-能源類股ETF[XLE] $78.47 14.40% 41.39% 0.10%
Vanguard-能源類股ETF[VDE] $110.74 15.90% 42.69% 0.10%
SPDR-標普油氣開採與生產ETF[XOP] $140.25 20.92% 46.29% 0.35%
VanEck-Vectors石油服務ETF[OIH] $242.82 18.21% 31.37% 0.35%
iShares-美國能源ETF[IYE] $42.80 16.68% 42.19% 0.41%
#Commodities-Type: Diversified #Commodities-Type: Energy #Commodities-Type: Energy, Crude Oil #Theme: Oil & Gas

Save US Product Supplied of Petroleum Products

EIA 每週公布美國每日原油產品消費量（Products Supplied），可視為原油需求指標，計算全美石化產品於初級來源（如煉油廠、輸油管、儲油庫）的消耗量，約等於生產 + 進口 - 出口 - 庫存變化。

依照下游主要石化產品分類，汽油約佔四成消費量、蒸餾油約兩成、航空燃油約一成。

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Latest Stats
  • US Weekly Crude Oil Consumption
    2022 W31
    19,474.00k
  • US Weekly Crude Oil Consumption-Finished Motor Gasoline
    2022 W31
    9,123.00k
  • US Weekly Crude Oil Consumption-Distillate Fuel Oil
    2022 W31
    3,724.00k
  • US Weekly Crude Oil Consumption-Kerosene Type Jet Fuel
    2022 W31
    1,782.00k
Source
Feedback
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
SPDR-能源類股ETF[XLE] $78.47 14.40% 41.39% 0.10%
Vanguard-能源類股ETF[VDE] $110.74 15.90% 42.69% 0.10%
SPDR-標普油氣開採與生產ETF[XOP] $140.25 20.92% 46.29% 0.35%
VanEck-Vectors石油服務ETF[OIH] $242.82 18.21% 31.37% 0.35%
iShares-美國能源ETF[IYE] $42.80 16.68% 42.19% 0.41%
#Commodities-Type: Diversified #Commodities-Type: Energy #Commodities-Type: Energy, Crude Oil #Theme: Oil & Gas

Save US Crude Oil Trade

The US is the largest oil-consuming economy whose oil demand accounts for about 20% of global demand. The other major oil importer is China. The US and China's oil imports combined represent the global demand.

The US oil production has soared since they began producing shale oil in 2008. The US government later lifted a 40-year ban on exporting oil price in 2015 because production was high and price was low. In 2017, production rose again as Trump administration seeks energy independence.

*Both crude oil imports and exports show sharp fluctuations, so the chart uses 4-week moving averages to smooth out random fluctuations, instead of using weekly data. You can find the weekly data in our chart maker.

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Latest Stats
  • US Crude Oil Imports (4-week MA, L)
    2022 W31
    6,549.00k
  • US Crude Oil Exports (4-week MA, L)
    2022 W31
    3,482.00k
Source
Feedback
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
SPDR-能源類股ETF[XLE] $78.47 14.40% 41.39% 0.10%
Vanguard-能源類股ETF[VDE] $110.74 15.90% 42.69% 0.10%
SPDR-標普油氣開採與生產ETF[XOP] $140.25 20.92% 46.29% 0.35%
VanEck-Vectors石油服務ETF[OIH] $242.82 18.21% 31.37% 0.35%
iShares-美國能源ETF[IYE] $42.80 16.68% 42.19% 0.41%
#Commodities-Type: Diversified #Commodities-Type: Energy #Commodities-Type: Energy, Crude Oil #Theme: Oil & Gas

Save US Crude Oil Net Imports

The US is the biggest oil-consumer and supplier whose oil ex/imports reflect changes in the global supply/demand oil.

Net Imports = Imports - Exports

The US imports increase or exports decrease → Net imports rise and oil price rises, too

The US imports decrease or exports increase → Net imports declines and oil price declines, too

Since the US began producing shale oil in 2008, net imports declined.

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Latest Stats
  • US Crude Oil Net Imports (4-week MA, L)
    2022 W31
    3,067.00k
  • NYMEX WTI Crude Oil Futures Price (R)
    2022-08-15
    88.22
Source
Feedback
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
SPDR-能源類股ETF[XLE] $78.47 14.40% 41.39% 0.10%
Vanguard-能源類股ETF[VDE] $110.74 15.90% 42.69% 0.10%
SPDR-標普油氣開採與生產ETF[XOP] $140.25 20.92% 46.29% 0.35%
VanEck-Vectors石油服務ETF[OIH] $242.82 18.21% 31.37% 0.35%
iShares-美國能源ETF[IYE] $42.80 16.68% 42.19% 0.41%
#Commodities-Type: Diversified #Commodities-Type: Energy #Commodities-Type: Energy, Crude Oil #Theme: Oil & Gas

Save US Crude Oil Inventories

EIA oil inventories reflect the changes in oil demand and supply. Oil inventories and oil price have a correlation coefficient of -0.54.

Data have shown that inventories increase from February to May as well as from September to November and decrease from June to August and in December. Inventory usually reaches a peak in April or May.

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Latest Stats
  • US Oil Inventories (Excluding SPR, L)
    2022 W31
    432,010.00k
  • US Oil Inventories (Weekly Change, R)
    2022 W31
    5,458.00k
Source
Feedback
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
SPDR-能源類股ETF[XLE] $78.47 14.40% 41.39% 0.10%
Vanguard-能源類股ETF[VDE] $110.74 15.90% 42.69% 0.10%
SPDR-標普油氣開採與生產ETF[XOP] $140.25 20.92% 46.29% 0.35%
VanEck-Vectors石油服務ETF[OIH] $242.82 18.21% 31.37% 0.35%
iShares-美國能源ETF[IYE] $42.80 16.68% 42.19% 0.41%
#Commodities-Type: Diversified #Commodities-Type: Energy #Commodities-Type: Energy, Crude Oil #Theme: Oil & Gas
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
SPDR-能源類股ETF[XLE] $78.47 14.40% 41.39% 0.10%
Vanguard-能源類股ETF[VDE] $110.74 15.90% 42.69% 0.10%
SPDR-標普油氣開採與生產ETF[XOP] $140.25 20.92% 46.29% 0.35%
VanEck-Vectors石油服務ETF[OIH] $242.82 18.21% 31.37% 0.35%
iShares-美國能源ETF[IYE] $42.80 16.68% 42.19% 0.41%
#Commodities-Type: Diversified #Commodities-Type: Energy #Commodities-Type: Energy, Crude Oil #Theme: Oil & Gas

Save US Crude Oil Inventory (Divided by 5-Year Avg) vs. Oil Price

The blue line represents EIA crude oil inventory / 5-year average. It reflects the inventory changes relative to the long-term average more precisely without being skewed by low base period. Going down suggests inventory declines; going up suggests a buildup in inventory. It has a negative correlation with oil price.

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Latest Stats
  • US Crude Oil Inventory (Divided by 5-Year Avg)
    2022 W31
    -5.15%
  • NYMEX WTI Crude Oil Futures Price (R)
    2022-08-15
    88.22
Source
Feedback
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
SPDR-能源類股ETF[XLE] $78.47 14.40% 41.39% 0.10%
Vanguard-能源類股ETF[VDE] $110.74 15.90% 42.69% 0.10%
SPDR-標普油氣開採與生產ETF[XOP] $140.25 20.92% 46.29% 0.35%
VanEck-Vectors石油服務ETF[OIH] $242.82 18.21% 31.37% 0.35%
iShares-美國能源ETF[IYE] $42.80 16.68% 42.19% 0.41%
#Commodities-Type: Diversified #Commodities-Type: Energy #Commodities-Type: Energy, Crude Oil #Theme: Oil & Gas
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
SPDR-能源類股ETF[XLE] $78.47 14.40% 41.39% 0.10%
Vanguard-能源類股ETF[VDE] $110.74 15.90% 42.69% 0.10%
SPDR-標普油氣開採與生產ETF[XOP] $140.25 20.92% 46.29% 0.35%
VanEck-Vectors石油服務ETF[OIH] $242.82 18.21% 31.37% 0.35%
iShares-美國能源ETF[IYE] $42.80 16.68% 42.19% 0.41%
#Commodities-Type: Diversified #Commodities-Type: Energy #Commodities-Type: Energy, Crude Oil #Theme: Oil & Gas
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
SPDR-能源類股ETF[XLE] $78.47 14.40% 41.39% 0.10%
Vanguard-能源類股ETF[VDE] $110.74 15.90% 42.69% 0.10%
SPDR-標普油氣開採與生產ETF[XOP] $140.25 20.92% 46.29% 0.35%
VanEck-Vectors石油服務ETF[OIH] $242.82 18.21% 31.37% 0.35%
iShares-美國能源ETF[IYE] $42.80 16.68% 42.19% 0.41%
#Commodities-Type: Diversified #Commodities-Type: Energy #Commodities-Type: Energy, Crude Oil #Theme: Oil & Gas

Save US Gasoline Inventories vs. Refinery Utilization Rate

Gasoline is a refined petroleum product. When gas price rises due to strong demand, refineries need to order more crude oil to produce gas and to meet the demand, bringing crude oil price higher. Gas price and oil price have a correlation coefficient of 0.7.

Refinery utilization rate = "Gross inputs" / "The latest reported monthly operable capacity (using unrounded numbers)"

Refinery utilization rate reflects future demand. Gas inventories and refinery utilization rate have a negative correlation.

Refineries shut down for maintenance after summer driving season is over and utilization rate declines; refineries reopen in the winter and utilization rises.

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Latest Stats
  • US Gasoline Inventories (L)
    2022 W31
    220,316.00k
  • US Refinery Utilization Rate (R)
    2022 W31
    94.30%
Source
Feedback
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
SPDR-能源類股ETF[XLE] $78.47 14.40% 41.39% 0.10%
Vanguard-能源類股ETF[VDE] $110.74 15.90% 42.69% 0.10%
SPDR-標普油氣開採與生產ETF[XOP] $140.25 20.92% 46.29% 0.35%
VanEck-Vectors石油服務ETF[OIH] $242.82 18.21% 31.37% 0.35%
iShares-美國能源ETF[IYE] $42.80 16.68% 42.19% 0.41%
#Commodities-Type: Diversified #Commodities-Type: Energy #Commodities-Type: Energy, Crude Oil #Theme: Oil & Gas
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
SPDR-能源類股ETF[XLE] $78.47 14.40% 41.39% 0.10%
Vanguard-能源類股ETF[VDE] $110.74 15.90% 42.69% 0.10%
SPDR-標普油氣開採與生產ETF[XOP] $140.25 20.92% 46.29% 0.35%
VanEck-Vectors石油服務ETF[OIH] $242.82 18.21% 31.37% 0.35%
iShares-美國能源ETF[IYE] $42.80 16.68% 42.19% 0.41%
#Commodities-Type: Diversified #Commodities-Type: Energy #Commodities-Type: Energy, Crude Oil #Theme: Oil & Gas

Save US Crude Oil and Petroleum Products Inventories

Inventories increase from February to May and September to November; decrease from June to August and December. Inventories usually peak in April or May.

* June to August are the summer driving season. December to January are winter.

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Latest Stats
  • US Crude Oil Inventories (Weekly Change)
    2022 W31
    5,458.00k
  • US Crude Oil Inventories- Cushing (Weekly Chang
    2022 W31
    723.00k
  • US Gasoline Inventories (Weekly Change)
    2022 W31
    -4,978.00k
  • US Distillate Fuel Inventories (Weekly Change)
    2022 W31
    2,166.00k
Source
Feedback
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
SPDR-能源類股ETF[XLE] $78.47 14.40% 41.39% 0.10%
Vanguard-能源類股ETF[VDE] $110.74 15.90% 42.69% 0.10%
SPDR-標普油氣開採與生產ETF[XOP] $140.25 20.92% 46.29% 0.35%
VanEck-Vectors石油服務ETF[OIH] $242.82 18.21% 31.37% 0.35%
iShares-美國能源ETF[IYE] $42.80 16.68% 42.19% 0.41%
#Commodities-Type: Diversified #Commodities-Type: Energy #Commodities-Type: Energy, Crude Oil #Theme: Oil & Gas

Save Commercial Crude Oil vs. Distillate Fuel Stock

Distillate fuel oil consumption is indicative of global economic growth. Used in trucks, steamships and airplanes, distillate fuel oil accounts for over 30% of global consumption of petroleum products.

Distillate fuel oil inventories increase because global economic growth slows down or demand is weak. Its inventories also lead crude oil inventories by 9 to 11 weeks.

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Latest Stats
  • US Crude Oil Inventories (L)
    2022 W31
    432,010.00k
  • US Distillate Fuel Oil Inventories (R)
    2022 W31
    111,490.00k
Source
Feedback
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
SPDR-能源類股ETF[XLE] $78.47 14.40% 41.39% 0.10%
Vanguard-能源類股ETF[VDE] $110.74 15.90% 42.69% 0.10%
SPDR-標普油氣開採與生產ETF[XOP] $140.25 20.92% 46.29% 0.35%
VanEck-Vectors石油服務ETF[OIH] $242.82 18.21% 31.37% 0.35%
iShares-美國能源ETF[IYE] $42.80 16.68% 42.19% 0.41%
#Commodities-Type: Diversified #Commodities-Type: Energy #Commodities-Type: Energy, Crude Oil #Theme: Oil & Gas

Save US Crude Oil Storage Capacity Utilization Rate

Starting April 8, 2020, EIA includes oil storage capacity utilization rate in its weekly report.

Crude Oil Storage Capacity Utilization Rate = Net stocks / Working storage capacity

PAD Districts don't share storage space; each tank must keep some spare room for safety reasons.

Percentage of total storage space:

East Coast (PADD 1): 3 - 4%
Midwest including Cushing, Oklahoma (PADD 2): 26% including Cushing (11%)
Gulf Coast (PADD 3): 55 - 56%
Rocky Mountain (PADD 4): 3 - 4%
West Coast (PADD 5): 9 - 10%

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Latest Stats
  • PADD 1
    2022 W31
    42.00%
  • PADD 2
    2022 W31
    38.00%
  • Cushing, OK
    2022 W31
    29.00%
  • PADD 3
    2022 W31
    43.00%
  • PADD 4
    2022 W31
    48.00%
  • PADD 5
    2022 W31
    60.00%
Source
Feedback
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
SPDR-能源類股ETF[XLE] $78.47 14.40% 41.39% 0.10%
Vanguard-能源類股ETF[VDE] $110.74 15.90% 42.69% 0.10%
SPDR-標普油氣開採與生產ETF[XOP] $140.25 20.92% 46.29% 0.35%
VanEck-Vectors石油服務ETF[OIH] $242.82 18.21% 31.37% 0.35%
iShares-美國能源ETF[IYE] $42.80 16.68% 42.19% 0.41%
#Commodities-Type: Diversified #Commodities-Type: Energy #Commodities-Type: Energy, Crude Oil #Theme: Oil & Gas

Save Untitled

1973 年爆發第一次石油危機，阿拉伯國家宣佈石油禁運，導致原油價格飆漲、衝擊美國經濟，促使時任總統福特（Gerald Ford）於 1975 年 12 月正式簽署「能源政策與節約法案（Energy Policy and Conservation Act ; EPCA）」，企圖建置戰略儲備石油 SPR。國會最初授權 SPR 的最終儲備目標為 5 億桶原油，並在 1978 / 2005 年擴增至 7.5 / 10 億桶，藉此保障國家石油的不間斷供應。

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Latest Stats
  • US Strategic Petroleum Reserve
    2022 W31
    464,558.00k
  • 美國-戰略石油儲備[SPR] ÷ 美國-整體石化產品庫存(包括SPR戰略石油儲備)
    0.00k
Source
Feedback
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
SPDR-能源類股ETF[XLE] $78.47 14.40% 41.39% 0.10%
Vanguard-能源類股ETF[VDE] $110.74 15.90% 42.69% 0.10%
SPDR-標普油氣開採與生產ETF[XOP] $140.25 20.92% 46.29% 0.35%
VanEck-Vectors石油服務ETF[OIH] $242.82 18.21% 31.37% 0.35%
iShares-美國能源ETF[IYE] $42.80 16.68% 42.19% 0.41%
#Commodities-Type: Diversified #Commodities-Type: Energy #Commodities-Type: Energy, Crude Oil #Theme: Oil & Gas

Save Vortexa Global Crude Oil Floating Storage

Vortexa tracks the floating storage of crude oil that has been stored offshore for more than seven days. An increase in the floating storage might suggest an excessive supply.

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Latest Stats
  • Vortexa Global Crude Oil Floating Storage
    2022 W32
    111,584.00k
  • Vortexa Asia Crude Oil Floating Storage
    2022 W32
    60,727.00k
  • Vortexa Europe Crude Oil Floating Storage
    2022 W32
    11,975.00k
  • Vortexa Middle East Crude Oil Floating Storage
    2022 W32
    17,436.00k
  • Vortexa North Sea Crude Oil Floating Storage
    2022 W32
    1,754.00k
  • Vortexa US Gulf Coast Crude Oil Floating Storage
    2022 W32
    501.00k
  • Vortexa West Africa Coast Crude Oil Floating Storage
    2022 W32
    5,687.00k
Feedback
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
SPDR-能源類股ETF[XLE] $78.47 14.40% 41.39% 0.10%
Vanguard-能源類股ETF[VDE] $110.74 15.90% 42.69% 0.10%
SPDR-標普油氣開採與生產ETF[XOP] $140.25 20.92% 46.29% 0.35%
VanEck-Vectors石油服務ETF[OIH] $242.82 18.21% 31.37% 0.35%
iShares-美國能源ETF[IYE] $42.80 16.68% 42.19% 0.41%
#Commodities-Type: Diversified #Commodities-Type: Energy #Commodities-Type: Energy, Crude Oil #Theme: Oil & Gas
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
SPDR-能源類股ETF[XLE] $78.47 14.40% 41.39% 0.10%
Vanguard-能源類股ETF[VDE] $110.74 15.90% 42.69% 0.10%
SPDR-標普油氣開採與生產ETF[XOP] $140.25 20.92% 46.29% 0.35%
VanEck-Vectors石油服務ETF[OIH] $242.82 18.21% 31.37% 0.35%
iShares-美國能源ETF[IYE] $42.80 16.68% 42.19% 0.41%
#Commodities-Type: Diversified #Commodities-Type: Energy #Commodities-Type: Energy, Crude Oil #Theme: Oil & Gas

Save US Oil Rig Count vs Frac Crew Spread

由能源諮詢公司 Primary Vision 所提供的「壓裂分佈計數」（Frac Spread Count），衡量全美有多少工作人員正在鑽油井進行水力壓裂頁岩的準備工作，可作為鑽油井數量的同時指標，以及原油產量的先行指標。

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Latest Stats
  • US Crude Oil Rigs Count
    2022 W32
    601.00
  • US Frac Spread Count
    2022 W32
    285.00
Source
Feedback
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
SPDR-能源類股ETF[XLE] $78.47 14.40% 41.39% 0.10%
Vanguard-能源類股ETF[VDE] $110.74 15.90% 42.69% 0.10%
SPDR-標普油氣開採與生產ETF[XOP] $140.25 20.92% 46.29% 0.35%
VanEck-Vectors石油服務ETF[OIH] $242.82 18.21% 31.37% 0.35%
iShares-美國能源ETF[IYE] $42.80 16.68% 42.19% 0.41%
#Commodities-Type: Diversified #Commodities-Type: Energy #Commodities-Type: Energy, Crude Oil #Theme: Oil & Gas

Save US DUC Count

Uncompleted wells aren't profitable. The number of drilled but uncompleted wells (knows as DUCs) reflects the oil producers' willingness to invest in drilling new wells and their expectations for oil price and demand.

DUC wells could be activated for operational needs and it will lead to a short-term surge in oil supply. Then, oil price needs strong oil demand to stabilize.

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Latest Stats
  • US Field Production of Crude Oil
    2022 W31
    12,200.00k
  • US DUC Count
    2022-06
    4,245.00
Source
Feedback
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
SPDR-能源類股ETF[XLE] $78.47 14.40% 41.39% 0.10%
Vanguard-能源類股ETF[VDE] $110.74 15.90% 42.69% 0.10%
SPDR-標普油氣開採與生產ETF[XOP] $140.25 20.92% 46.29% 0.35%
VanEck-Vectors石油服務ETF[OIH] $242.82 18.21% 31.37% 0.35%
iShares-美國能源ETF[IYE] $42.80 16.68% 42.19% 0.41%
#Commodities-Type: Diversified #Commodities-Type: Energy #Commodities-Type: Energy, Crude Oil #Theme: Oil & Gas
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
SPDR-能源類股ETF[XLE] $78.47 14.40% 41.39% 0.10%
Vanguard-能源類股ETF[VDE] $110.74 15.90% 42.69% 0.10%
SPDR-標普油氣開採與生產ETF[XOP] $140.25 20.92% 46.29% 0.35%
VanEck-Vectors石油服務ETF[OIH] $242.82 18.21% 31.37% 0.35%
iShares-美國能源ETF[IYE] $42.80 16.68% 42.19% 0.41%
#Commodities-Type: Diversified #Commodities-Type: Energy #Commodities-Type: Energy, Crude Oil #Theme: Oil & Gas

Save OPEC three exempted countries Crude Oil Production

長期以來，伊朗、利比亞、委內瑞拉等三國因為不同因素，使得主要經濟來源的石油產業受到牽制，因此在 2016 年 OPEC+ 減產協議中皆被列為減產豁免國。

利比亞
利比亞自 2011 年～2020 年歷經兩次內戰，國內石油產業長期不穩定。2020 年 11 月利比亞政府與反叛軍利比亞國民軍（LNA）簽署永久停火協議，解除長達 10 個月的港口出口封鎖，才讓石油產量迅速回升至封鎖前水位。

委內瑞拉
委內瑞拉因美國以執政黨迫害人道主義名義，自 2015 年來施行長期的經濟制裁，因此被列為減產豁免國。由於委內瑞拉近年的設備投資不足、加上舊井產量衰退嚴重，該國石油產量自 2016 年來便開始走下坡，供給復甦彈性最差。

伊朗
2018 年美國單方面退出伊朗核協議（JCPOA），並對伊朗重新施加制裁，使得該國石油出口受限。不過在三國當中，伊朗理論產能最大，供給復甦彈性最佳。

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Latest Stats
  • Iran Crude Oil Production
    2022-06
    2.55k
  • Libya Crude Oil Production
    2022-06
    0.65k
  • Venezuela Crude Oil Production
    2022-06
    0.77k
Source
Feedback
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
SPDR-能源類股ETF[XLE] $78.47 14.40% 41.39% 0.10%
Vanguard-能源類股ETF[VDE] $110.74 15.90% 42.69% 0.10%
SPDR-標普油氣開採與生產ETF[XOP] $140.25 20.92% 46.29% 0.35%
VanEck-Vectors石油服務ETF[OIH] $242.82 18.21% 31.37% 0.35%
iShares-美國能源ETF[IYE] $42.80 16.68% 42.19% 0.41%
#Commodities-Type: Diversified #Commodities-Type: Energy #Commodities-Type: Energy, Crude Oil #Theme: Oil & Gas

Save OPEC Spare Crude Oil Production Capacity vs Oil Price

美國能源資訊局（EIA）每月公佈「短期能源展望報告」（Short-term Energy Outlook, STEO），其統計過去並預估未來 1 ~ 2 年的 OPEC 剩餘產能（30 天內可上線，並維持至少 90 天），可作為全球油市供需平衡的觀察指標。

一般而言，油價與 OPEC 剩餘產能具有反向關係：當經濟出現嚴重衰退，油市面臨需求疲軟、供給過剩，OPEC 採取減產措施、因而拉高剩餘產能，油價維持低檔 ; 而當原油供需轉好、甚至趨於緊縮，OPEC 重啟閒置產能，有利油價行情。

不過也有例外，2014 年底 OPEC 意外決議不減產，不惜油價重挫，以搶奪市佔為第一優先，藉此打擊當時正在快速崛起的美國頁岩油。

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Latest Stats
  • OPEC-Total Spare Crude Oil Production Capacity, Monthly, million barrels per day
    2023-12
    2.78m
  • NYMEX- Crude Oil (Brent)
    2022-08-15
    94.18
Source
Feedback
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
SPDR-能源類股ETF[XLE] $78.47 14.40% 41.39% 0.10%
Vanguard-能源類股ETF[VDE] $110.74 15.90% 42.69% 0.10%
SPDR-標普油氣開採與生產ETF[XOP] $140.25 20.92% 46.29% 0.35%
VanEck-Vectors石油服務ETF[OIH] $242.82 18.21% 31.37% 0.35%
iShares-美國能源ETF[IYE] $42.80 16.68% 42.19% 0.41%
#Commodities-Type: Diversified #Commodities-Type: Energy #Commodities-Type: Energy, Crude Oil #Theme: Oil & Gas

Save Oil MM User Sentiment Indicator

MM user sentiment is collected through polls on the Chinese version of MacroMicro, starting in May 2022. The polls survey MM users' confidence for the market in the coming 3 months.

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Latest Stats
  • Oil MM User Sentiment Indicator-Optimistic
    2022 W33
    14.01%
  • Oil MM User Sentiment Indicator-Neutral
    2022 W33
    37.35%
  • Oil MM User Sentiment Indicator-Pessimistic
    2022 W33
    48.64%
Source
Feedback
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
SPDR-能源類股ETF[XLE] $78.47 14.40% 41.39% 0.10%
Vanguard-能源類股ETF[VDE] $110.74 15.90% 42.69% 0.10%
SPDR-標普油氣開採與生產ETF[XOP] $140.25 20.92% 46.29% 0.35%
VanEck-Vectors石油服務ETF[OIH] $242.82 18.21% 31.37% 0.35%
iShares-美國能源ETF[IYE] $42.80 16.68% 42.19% 0.41%
#Commodities-Type: Diversified #Commodities-Type: Energy #Commodities-Type: Energy, Crude Oil #Theme: Oil & Gas
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
SPDR-能源類股ETF[XLE] $78.47 14.40% 41.39% 0.10%
Vanguard-能源類股ETF[VDE] $110.74 15.90% 42.69% 0.10%
SPDR-標普油氣開採與生產ETF[XOP] $140.25 20.92% 46.29% 0.35%
VanEck-Vectors石油服務ETF[OIH] $242.82 18.21% 31.37% 0.35%
iShares-美國能源ETF[IYE] $42.80 16.68% 42.19% 0.41%
#Commodities-Type: Diversified #Commodities-Type: Energy #Commodities-Type: Energy, Crude Oil #Theme: Oil & Gas
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
SPDR-能源類股ETF[XLE] $78.47 14.40% 41.39% 0.10%
Vanguard-能源類股ETF[VDE] $110.74 15.90% 42.69% 0.10%
SPDR-標普油氣開採與生產ETF[XOP] $140.25 20.92% 46.29% 0.35%
VanEck-Vectors石油服務ETF[OIH] $242.82 18.21% 31.37% 0.35%
iShares-美國能源ETF[IYE] $42.80 16.68% 42.19% 0.41%
#Commodities-Type: Diversified #Commodities-Type: Energy #Commodities-Type: Energy, Crude Oil #Theme: Oil & Gas

Save US Crude Oil Futures Net Position by Large Investors

Oil Commercial Hedgers are usually companies who purchase, produce or sell crude oil so they are closer to the operations of the oil market.

Non-commercial Large Speculators are not part of the oil industry.

* Updates every Friday

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Latest Stats
  • US Crude Oil Futures Commercial Net Position (L)
    2022 W32
    -238,073.00
  • US Crude Oil Futures Speculator Net Position (R)
    2022 W32
    210,651.00
Source
Feedback
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
SPDR-能源類股ETF[XLE] $78.47 14.40% 41.39% 0.10%
Vanguard-能源類股ETF[VDE] $110.74 15.90% 42.69% 0.10%
SPDR-標普油氣開採與生產ETF[XOP] $140.25 20.92% 46.29% 0.35%
VanEck-Vectors石油服務ETF[OIH] $242.82 18.21% 31.37% 0.35%
iShares-美國能源ETF[IYE] $42.80 16.68% 42.19% 0.41%
#Commodities-Type: Diversified #Commodities-Type: Energy #Commodities-Type: Energy, Crude Oil #Theme: Oil & Gas

Save US WTI Calendar Spread

WTI calendar spread = WTI 12-month - WTI spot

Normally, the long-term futures price is higher than spot price. When the spread between the two is bigger than 0, it's known as Contango or Forwardation. Forward futures contracts are more expensive because Investors rather pay more than paying for storage and transportation for spot delivery.

When spot market is undersupplied, however, some oil companies will purchase spot contracts to meet their delivery demand, pushing spot price higher than the long-term futures price. When the spread decreases to below 0, it's known as Backwardation.

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Latest Stats
  • NYMEX WTI Forward Price - Spot Price (L)
    0.00
  • NYMEX WTI Crude Oil Futures Price (R)
    2022-08-15
    88.22
Source
Feedback
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
SPDR-能源類股ETF[XLE] $78.47 14.40% 41.39% 0.10%
Vanguard-能源類股ETF[VDE] $110.74 15.90% 42.69% 0.10%
SPDR-標普油氣開採與生產ETF[XOP] $140.25 20.92% 46.29% 0.35%
VanEck-Vectors石油服務ETF[OIH] $242.82 18.21% 31.37% 0.35%
iShares-美國能源ETF[IYE] $42.80 16.68% 42.19% 0.41%
#Commodities-Type: Diversified #Commodities-Type: Energy #Commodities-Type: Energy, Crude Oil #Theme: Oil & Gas

Save US BRT and WTI Spread

BRT is an indicator for the global oil market; WTI the US oil market.

West Texas light, sweet crude oil is of better quality than Brent. The two futures maintained little price difference from 1987 to 2010. The price spread later widened after the US began producing shale oil and banned oil exports. American oil market got oversupplied, plus speculation in the market, so WTI price declined.

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Latest Stats
  • NYMEX BRT Crude Oil Futures Price (L)
    2022-08-15
    94.18
  • NYMEX WTI Crude Oil Futures Price (R)
    2022-08-15
    88.22
  • Brent-WTI Spread
    0.00
Source
Feedback
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
SPDR-能源類股ETF[XLE] $78.47 14.40% 41.39% 0.10%
Vanguard-能源類股ETF[VDE] $110.74 15.90% 42.69% 0.10%
SPDR-標普油氣開採與生產ETF[XOP] $140.25 20.92% 46.29% 0.35%
VanEck-Vectors石油服務ETF[OIH] $242.82 18.21% 31.37% 0.35%
iShares-美國能源ETF[IYE] $42.80 16.68% 42.19% 0.41%
#Commodities-Type: Diversified #Commodities-Type: Energy #Commodities-Type: Energy, Crude Oil #Theme: Oil & Gas

Save US Crack Spread

3 barrels of WTI crude oil produce 2 barrels of reformulated gasoline blend-stock for oxygen blending (RBOB) and 1 barrel of heating oil.

Crack spread = 2 * RBOB + 1 * HO - 3 * WTI

Crack spread usually leads crude oil price by 1 month.

Crack spread widens when demand for gas or heating oil increases. Because refineries need to buy more crude oil to increase production to meet demand. Crack spread narrows when gas or heating oil inventories are high.

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Latest Stats
  • US Crack Spread (L)
    2022-08-15
    42.79
  • NYMEX WTI Crude Oil Futures Price (R)
    2022-08-15
    88.22
Source
Feedback
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
SPDR-能源類股ETF[XLE] $78.47 14.40% 41.39% 0.10%
Vanguard-能源類股ETF[VDE] $110.74 15.90% 42.69% 0.10%
SPDR-標普油氣開採與生產ETF[XOP] $140.25 20.92% 46.29% 0.35%
VanEck-Vectors石油服務ETF[OIH] $242.82 18.21% 31.37% 0.35%
iShares-美國能源ETF[IYE] $42.80 16.68% 42.19% 0.41%
#Commodities-Type: Diversified #Commodities-Type: Energy #Commodities-Type: Energy, Crude Oil #Theme: Oil & Gas

Save Geopolitical Risk Index vs. Oil Price

Geopolitical Risk Index (GPR) was compiled by Dario Caldara and Matteo Iacoviello of the US Fed. They collected the frequency of certain terms such as "war threats", escalation of war", "beginning of war" appearing in the newspaper. The index has surged around WWI, WWII, Korean War, Cuban Crisis, Persian Gulf War, 911, and Iraq War.

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Latest Stats
  • Geopolitical Risk Index
    2022-07
    97.56
  • Geopolitical Risk Index - Threats
    2022-07
    132.00
  • Geopolitical Risk Index - Acts
    2022-07
    80.22
  • NYMEX Brent Crude Oil Price (R, log Y axis)
    2022-08-15
    94.18
Feedback
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
SPDR-能源類股ETF[XLE] $78.47 14.40% 41.39% 0.10%
Vanguard-能源類股ETF[VDE] $110.74 15.90% 42.69% 0.10%
SPDR-標普油氣開採與生產ETF[XOP] $140.25 20.92% 46.29% 0.35%
VanEck-Vectors石油服務ETF[OIH] $242.82 18.21% 31.37% 0.35%
iShares-美國能源ETF[IYE] $42.80 16.68% 42.19% 0.41%
#Commodities-Type: Diversified #Commodities-Type: Energy #Commodities-Type: Energy, Crude Oil #Theme: Oil & Gas

Save USD/CAD vs. Oil Price

Canada is one of the world's largest exporters of raw materials, including crude oil. Crude oil exports account for 10% of Canada's GDP. USD/CAD and the oil price have a positive correlation. (The y-axis to USD/CAD is reversed.)

When oil price rises, Canadian dollar appreciates. CAD peaked out and reversed before oil price did in 2008 and 2014.

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Latest Stats
  • USD/CAD (L)
    2022-08-15
    1.29
  • US WTI Crude Oil Futures Price (R)
    2022-08-15
    88.22
Source
Feedback
Related ETF
Registered Country Commodity ETFs Price 1 Month YTD Expense ratio
SPDR-能源類股ETF[XLE] $78.47 14.40% 41.39% 0.10%
Vanguard-能源類股ETF[VDE] $110.74 15.90% 42.69% 0.10%
SPDR-標普油氣開採與生產ETF[XOP] $140.25 20.92% 46.29% 0.35%
VanEck-Vectors石油服務ETF[OIH] $242.82 18.21% 31.37% 0.35%
iShares-美國能源ETF[IYE] $42.80 16.68% 42.19% 0.41%
#Commodities-Type: Diversified #Commodities-Type: Energy #Commodities-Type: Energy, Crude Oil #Theme: Oil & Gas

Save USD/RUB vs. Oil Price

Russia was the world's third-largest oil producer and the second-largest oil exporter. Oil exports account for 45% of Russia's total exports, while oil revenue accounts for 10% of its GDP. Oil price is closely connected with the Russian economy, and it has a positive correlation USD/RUB.

When oil price rises, Ruble appreciates. (The y-axis to USD/RUB is reversed.)

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Latest Stats
  • USD/RUB (L)
    2022-08-15
    61.39
  • US WTI Crude Oil Futures Price (R)
    2022-08-15
    88.28
Source
Feedback

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