EIA Inventory (Week Ending 9/18/2020)
- U.S. commercial crude oil inventories of 494.4 million barrels (excluding those in the Strategic Petroleum Reserve) - a decrease of 1.6 million barrels (or 0.32%) from the previous week
- At 494.4 million barrels, U.S. crude oil inventories are about 13% above the five year average for this time of year
- U.S. crude oil imports averaged 5.2 million barrels per day last week, up by 160,000 barrels per day from the previous week - or an increase of 4%
- Over the past four weeks, crude oil imports averaged about 5.1 million barrels per day, 24.2% less compared with 2019 (YOY)
U.S. crude oil refinery inputs averaged 13.4 million barrels per day during the week ending September 18, 2020 which was 119,000 barrels per day less than the previous week’s average. Refineries operated at 74.8% of their operable capacity last week. Gasoline production increased last week, averaging 9.3 million barrels per day. Distillate fuel production increased last week, averaging 4.5 million barrels per day.
Total products supplied over the last four -week period averaged 17.8 million barrels a day, down by 15.9% from the same period last year. Over the past four weeks, motor gasoline product supplied averaged 8.5 million barrels a day, down by 9.0% from the same period last year. Distillate fuel product supplied averaged 3.6 million barrels a day over the past four weeks, down by 8.2% from the same period last year. Jet fuel product supplied was down 45.8% compared with the same four-week period last year.
Related Categories :
Weekly Petroleum Status Report
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EIA Reports Crude Inventory Increase of 4.5 Million Barrels
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