New report estimates U.S. motor gasoline demand two days before the Energy Information Administration’s Weekly Petroleum Status Report
September 20, 2016, Houston, TX - Genscape recently began publishing on Mondays an estimate for the previous week’s total U.S. gasoline demand, giving subscribers a preview of similar U.S. Energy Information Administration data published Wednesdays.
Genscape’s Weekly Gasoline Demand Report furthers the company’s footprint as a provider of refined products fundamentals and offers essential retail gasoline demand data two days before it is published in the EIA’s Weekly Petroleum Status Report.
The EIA’s Total U.S. Motor Gasoline Products Supplied estimate of gasoline demand drives trading decisions on gasoline futures. Through analysis of actual transactions at the gasoline rack level, Genscape predicts the EIA demand figure within an average of 1 percent difference on Monday. The Genscape gasoline demand number is derived from the company’s Supply Side Monitor hourly rack-city data.
“In 2009, Genscape revolutionized crude oil industry fundamental data with the launch of the Cushing Storage Report, giving traders and analysts exceptional transparency into market fundamentals with advance notice storage data for the industry’s most-watched hub a full two days ahead of the EIA survey,” said Suzanne Evans, Director, Products and Pricing Assessments Development, “This year, Genscape is pushing the envelope when it comes to fundamental data for refined products markets with its Weekly Gasoline Demand Report and Supply Side rack-level data products.”
The Weekly Gasoline Demand Report, published via email at 10:30 AM Eastern Time each Monday, is available only to subscribers to Genscape’s Supply Side Monitor and Analyst products. The Supply Side products provide analysts and traders with daily and hourly volumes and prices for regular gasoline, midgrade gasoline, premium gasoline, jet fuel, kerosene, and diesel across 400 rack cities. Both products allow subscribers to leverage the industry’s only insight into PADD and rack-city-related volumes and average prices for wholesale transactions of refined products.
To learn more or request a free trial of Genscape’s Weekly Gasoline Demand Report, visit genscape.com/gasoline-demand-report-launch or watch this short video on the report here: genscape.com/gasoline-demand-report-video
To view the full press release, visit: Genscape Launches Weekly Gasoline Demand Report
About Genscape
Genscape is the leading global provider of real-time data and intelligence for commodity and energy markets, driven to improve market transparency and efficiency. With thousands of patented monitors strategically deployed worldwide, Genscape is unique in its ability to collect and report proprietary market fundamentals in real-time or near real-time. Genscape delivers innovative solutions across a number of asset classes including: Oil, Power, Natural Gas and LNG, Agriculture, Petrochemical and NGLs, Maritime, and Renewables. Genscape clients often gain important insights, improve risk management, or increase operational efficiency. For more information, please visit: www.genscape.com
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