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May 27, 2021 EnergyNow Media Each week Josef Schachter will give you his insights into global events, price forecasts and the fundamentals of the energy sector. Josef offers a twice monthly Black Gold newsletter covering the general energy market and 30 energy, energy service and pipeline & infrastructure companies with regular updates. We hold quarterly subscriber webinars and provide Action BUY and SELL Alerts for paid subscribers. . EIA Weekly Data: The EIA data on Wednesday May 26th was mixed. Commercial Crude Inventories fell 1.7Mb to 484.3Mb as Net Imports fell by 265Kb/d or by 1.9Mb on the week. If there had been no change in Net Imports, Commercial Stocks would have seen a modest increase. Motor Gasoline Inventories fell 1.7Mb as gasoline demand rose into the beginning of the holiday driving season. Refinery Utilization rose 0.7% to 87.0% last week (last year 71.3%). US Crude Production remained at 11.0Mb/d. Over the coming months we see this l

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