Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

EIA Reports Crude Oil Inventory Increase of 800,000 Barrels

emailEmail    |    printPrint    |    bookmarkBookmark
   |    Wednesday,November 18,2020

EIA Crude Inventory Report - Week Ending 11/13/2020

  • U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 0.8 million barrels from the previous week
  • At 489.5 million barrels, U.S. crude oil inventories are about 6% above the five year average for this time of year.
  • U.S. crude oil imports averaged 5.3 million barrels per day last week, down by 245,000 barrels (or -4%) per day from the previous week.
  • Over the past four weeks, crude oil imports averaged about 5.4 million barrels per day, 12.5% less than the samefour-weekperiod last year.

U.S. crude oil refinery inputs averaged 13.8 million barrels per day during the week ending November 13, 2020 which was 395,000 barrels per day more than the previous week’s average. Refineries operated at 77.4% of their operable capacity last week. Gasoline production decreased last week, averaging 9.1 million barrels per day. Distillate fuel production increased last week, averaging 4.3 million barrels per day.

Total motor gasoline inventories increased by 2.6 million barrels last week and are about 4% above the five year average for this time of year. Finished gasoline and blending components inventories both increased last week. Distillate fuel inventories decreased by 5.2 million barrels last week and are about 11% above the five year average for this time of year. Propane/propylene inventories decreased by 2.0 million barrels last week and are about 6% above the five year average for this time of year. Total commercial petroleum inventories decreased by 10.2 million barrels last week.

Total products supplied over the last four-week period averaged 19.4 million barrels a day, down by 9.1% from the same period last year. Over the past four weeks, motor gasoline product supplied averaged 8.5 million barrels a day, down by 9.5% from the same period last year. Distillate fuel product supplied averaged 4.1 million barrels a day over the past four weeks, down by 6.5% from the same period last year. Jet fuel product supplied was down 39.8% compared with the same four-week period last year.


Related Categories :

Weekly Petroleum Status Report   

More    Weekly Petroleum Status Report News

United States News >>>