EIA Weekly Petroleum Report - Aug 2
Posted: Wed Aug 02, 2023 9:45 am
Summary of Weekly Petroleum Data for the week ending July 28, 2023
U.S. crude oil refinery inputs averaged 16.5 million barrels per day during the week ending July 28, 2023, which was 40 thousand barrels per day more than the previous week’s average.
Refineries operated at 92.7% of their operable capacity last week. < They need to get over 95% of their capacity.
Gasoline production increased last week, averaging 9.8 million barrels per day.
Distillate fuel production increased last week, averaging 4.9 million barrels per day.
U.S. crude oil imports averaged 6.7 million barrels per day last week, increased by 301 thousand barrels per day from the previous week. Over the past four weeks, crude oil imports averaged about 6.5 million barrels per day, 2.3% less than the same four-week period last year.
Total motor gasoline imports (including both finished gasoline and gasoline blending components) last week averaged 945 thousand barrels per day, and distillate fuel imports averaged 113 thousand barrels per day.
> U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 17.0 million barrels from the previous week. At 439.8 million barrels, U.S. crude oil inventories are approximately 1% below the five year average for this time of year.
> Total motor gasoline inventories increased by 1.5 million barrels from last week and are about 6% below 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 week and are about 15% below the five year average for this time of year.
> Propane/propylene inventories increased 2.9 million barrels from last week and are 24% above the five year average for this time of year.
>> Total commercial petroleum inventories decreased by 10.4 million barrels last week.
Total products supplied over the last four-week period averaged 20.2 million barrels a day, up by 1.4% from the same period last year.
Over the past four weeks, motor gasoline product supplied averaged 8.8 million barrels a day, up by 3.0% from the same period last year.
Distillate fuel product supplied averaged 3.5 million barrels a day over the past four weeks, down by 3.5% from the same period last year.
Jet fuel product supplied was up 7.0% compared with the same four-week period last year.
U.S. crude oil refinery inputs averaged 16.5 million barrels per day during the week ending July 28, 2023, which was 40 thousand barrels per day more than the previous week’s average.
Refineries operated at 92.7% of their operable capacity last week. < They need to get over 95% of their capacity.
Gasoline production increased last week, averaging 9.8 million barrels per day.
Distillate fuel production increased last week, averaging 4.9 million barrels per day.
U.S. crude oil imports averaged 6.7 million barrels per day last week, increased by 301 thousand barrels per day from the previous week. Over the past four weeks, crude oil imports averaged about 6.5 million barrels per day, 2.3% less than the same four-week period last year.
Total motor gasoline imports (including both finished gasoline and gasoline blending components) last week averaged 945 thousand barrels per day, and distillate fuel imports averaged 113 thousand barrels per day.
> U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 17.0 million barrels from the previous week. At 439.8 million barrels, U.S. crude oil inventories are approximately 1% below the five year average for this time of year.
> Total motor gasoline inventories increased by 1.5 million barrels from last week and are about 6% below 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 week and are about 15% below the five year average for this time of year.
> Propane/propylene inventories increased 2.9 million barrels from last week and are 24% above the five year average for this time of year.
>> Total commercial petroleum inventories decreased by 10.4 million barrels last week.
Total products supplied over the last four-week period averaged 20.2 million barrels a day, up by 1.4% from the same period last year.
Over the past four weeks, motor gasoline product supplied averaged 8.8 million barrels a day, up by 3.0% from the same period last year.
Distillate fuel product supplied averaged 3.5 million barrels a day over the past four weeks, down by 3.5% from the same period last year.
Jet fuel product supplied was up 7.0% compared with the same four-week period last year.