![]() petroleum production fell by 100,000 barrels to 12.2 million barrels a day. That’s largely driven by prices at the pump on the national average being lower by 80 cents a gallon compared to this time last year, he said.Ĭrude stocks at the Cushing, Okla., Nymex delivery hub fell by 1.6 million barrels for the week, the EIA said, while total U.S. “Strength in implied demand for gasoline resulted in a solid stock draw, while an easing in implied distillate demand resulted in a build,” said Smith.ĭistillate demand remains lower year on year, down 10.1% year on year on the four-week average, while implied gasoline demand on the four-week average has finally clambered higher on a year-on-year basis, he said. Analyst surveyed by S&P Global Commodity Insights had forecast supply decreases of 4.8 million barrels for gasoline and 2 million barrels for distillates. The EIA report also showed a weekly inventory decline of 2.9 million barrels for gasoline, while distillate supplies edged up by 300,000 barrels. “Crude inputs hit their highest level so far this year as refiners exit spring maintenance.” “A combination of higher refining activity, lower imports and ongoing strength in exports has resulted in a large draw to crude inventories,” said Matt Smith, lead oil analyst, Americas, at Kpler, in emailed commentary. The American Petroleum Institute, a trade group, separately reported on Tuesday a 6.1 million-barrel weekly decline for crude stockpiles, Dow Jones reported, citing a source. On average, analysts forecast a decline of 5.5 million barrels, according to a survey by S&P Global Commodity Insights. The Energy Information Administration on Wednesday reported the largest year-to-date weekly decline in crude inventories.Ĭrude stockpiles fell by 7.5 million barrels for the week ended March 24, the EIA said. ![]() The global benchmark, lost 37 cents, or 0.5%, to $78.28 per barrel on ICE Futures Europe.ĭeclined by 1.6% to $2.6681 per gallon, while April heating oilĭeclined by 1.9% to end at $1.991 per million British thermal units on the contract’s expiration day, the lowest since September 2020. Prices traded as high as $74.37 during the session, the highest intraday level for a front-month contract since March 14, FactSet data show. Metal end caps are nothing new with the spin-ons.West Texas Intermediate crude for May deliveryįell 23 cents, or 0.3%, to settle at $72.97 per barrel on the New York Mercantile Exchange. Http:/ / en/ do-it-yourself/ oil-filters/ purolatoronetm/Īll of the new Purolator's (3 different types) have metal end caps and the Purolator ONE has re-engineered synthetic blend media as per link.Īll of the old Purolator spin-ons had metal end caps. Please check out the link for even more facts that you require. The Purolator ONE is the new design with metal end caps. Yes its a 'PureOne filter' the old design. But until I see engineering data from Purolator, or a direct statement from Purolator saying that they made changes to address media tearing, then nothing seems to have changed besides the can paint jobs and names. If you think they're all "fixed" then go for it. You got old vs new media design specs from Purolators engineering department that shows that Purolator improved the media to make it less prone to tearing?Īs Chris142 posted above, that's a pretty recent (way after the "redesign") Purolator with torn media. Its years old to begin with and has been superseded with a different design. You proved my point they don't make that filter anymore. ^^^ Mileage rating doesn't have much to do with the media tearing mechanism.
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