$WTI Crude Oil - main 2307(CLmain)$ $Micro WTI Crude Oil - main 2307(MCLmain)$ $Brent Last Day Financial - main 2308(BZmain)$ $E-mini Crude Oil - main 2307(QMmain)$
Few extra data points around EIA adjustment.
-Crude oil blending which EIA attributes part of the high adjustment factor to, comes from over-reported exports.
Exports jumped ~22% and 14% y/y in 2022 and 2023 respectively, while unexplained adjustment jumped by ~80% and 4% in the same time period.
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In 2022, the average adjustment to EIA monthly U.S. crude oil supply data was about +766k bbls/d.
So far, YTD this number is +799 bbls/d.
#EIA attributes the high adjustment factor to:
-Crude oil blending
-Under-reported production
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