EIA: Oil Storage Report - Oct 17

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Summary of Weekly Petroleum Data for the week ending October 12, 2018

U.S. crude oil refinery inputs averaged 16.3 million barrels per day during the week
ending October 12, 2018, which was 77,000 barrels per day more than the previous
week’s average. Refineries operated at 88.8% of their operable capacity last week.
Gasoline production increased last week, averaging 10.4 million barrels per day.
Distillate fuel production decreased last week, averaging 4.8 million barrels per day.

U.S. crude oil imports averaged 7.6 million barrels per day last week, up by 218,000
barrels per day from the previous week. Over the past four weeks, crude oil imports
averaged about 7.7 million barrels per day, 3.5% more than the same four-week period
last year. Total motor gasoline imports (including both finished gasoline and gasoline
blending components) last week averaged 394,000 barrels per day, and distillate fuel
imports averaged 165,000 barrels per day.

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum
Reserve) increased by 6.5 million barrels from the previous week. At 416.4 million
barrels, U.S. crude oil inventories are about 2% above the five year average for this time
of year. Total motor gasoline inventories decreased by 2.0 million barrels last week and
are about 7% above 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 0.8 million barrels last weak and are about 3%
below the five year average for this time of year. Propane/propylene inventories
increased by 2.0 million barrels last week and are about 5% below the five year average
for this time of year. Total commercial petroleum inventories increased last week by 3.0
million barrels last week.

Total products supplied over the last four-week period averaged 20.0 million barrels per
day, up by 0.4% from the same period last year. Over the past four weeks, motor gasoline
product supplied averaged 9.1 million barrels per day, down by 2.8% from the same
period last year. Distillate fuel product supplied averaged 4.1 million barrels per day over
the past four weeks, up by 11.5% from the same period last year. Jet fuel product
supplied was up 1.2% compared with the same four-week period last year.