RE: oil's heading up again26 Jun 2019 16:38
EIA report
Summary of Weekly Petroleum Data for the week ending June 21, 2019
U.S. crude oil refinery inputs averaged 17.3 million barrels per day during the week
ending June 21, 2019, which was 73,000 barrels per day more than the previous week’s
average. Refineries operated at 94.2% of their operable capacity last week. Gasoline
production increased last week, averaging 10.5 million barrels per day. Distillate fuel
production decreased last week, averaging 5.3 million barrels per day.
U.S. crude oil imports averaged 6.7 million barrels per day last week, down by 812,000
barrels per day from the previous week. Over the past four weeks, crude oil imports
averaged about 7.4 million barrels per day, 10.2% less than the same four-week period
last year. Total motor gasoline imports (including both finished gasoline and gasoline
blending components) last week averaged 816,000 barrels per day, and distillate fuel
imports averaged 33,000 barrels per day.
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum
Reserve) decreased by 12.8 million barrels from the previous week. At 469.6 million
barrels, U.S. crude oil inventories are about 5% above the five year average for this time
of year. Total motor gasoline inventories decreased by 1.0 million barrels last week and
are at the five year average for this time of year. Finished gasoline inventories increased
while blending components inventories decreased last week. Distillate fuel inventories
decreased by 2.4 million barrels last week and are about 7% below the five year average
for this time of year. Propane/propylene inventories increased by 1.4 million barrels last
week and are about 13% above the five year average for this time of year. Total
commercial petroleum inventories decreased last week by 11.9 million barrels last week.
Total products supplied over the last four-week period averaged 20.6 million barrels per
day, up by 1.8% from the same period last year. Over the past four weeks, motor gasoline
product supplied averaged 9.7 million barrels per day, up by 2.1% from the same period
last year. Distillate fuel product supplied averaged 3.9 million barrels per day over the
past four weeks, up by 2.9% from the same period last year. Jet fuel product supplied was
up 5.7% compared with the same four-week period last year.
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