Author Topic: EIA Oil Inventories Crude -7.051M Draw Gasoline 8.307M Build #TCoil  (Read 1816 times)

HeidsterTrades

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Summary of Weekly Petroleum Data for the Week Ending December 30, 2016
U.S. crude oil refinery inputs averaged 16.7 million barrels per day during the week
ending December 30, 2016, 132,000 barrels per day more than the previous week’s
average. Refineries operated at 92.0% of their operable capacity last week. Gasoline
production decreased last week, averaging about 9.5 million barrels per day. Distillate
fuel production increased last week, averaging over 5.3 million barrels per day.
U.S. crude oil imports averaged 7.2 million barrels per day last week, down by 984,000
barrels per day from the previous week. Over the last four weeks, crude oil imports
averaged 7.8 million barrels per day, 0.5% above the same four-week period last year.
Total motor gasoline imports (including both finished gasoline and gasoline blending
components) last week averaged 722,000 barrels per day. Distillate fuel imports averaged
99,000 barrels per day last week.
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum
Reserve) decreased by 7.1 million barrels from the previous week. At 479.0 million
barrels, U.S. crude oil inventories are near the upper limit of the average range for this
time of year. Total motor gasoline inventories increased by 8.3 million barrels last week,
and are near the upper limit of the average range. Both finished gasoline inventories and
blending components inventories increased last week. Distillate fuel inventories increased
by 10.1 million barrels last week and are above the upper limit of the average range for
this time of year. Propane/propylene inventories fell 2.7 million barrels last week but are
in the upper half of the average range. Total commercial petroleum inventories increased
by 6.1 million barrels last week.
Total products supplied over the last four-week period averaged 19.6 million barrels per
day, down by 0.5% from the same period last year. Over the last four weeks, motor
gasoline product supplied averaged 9.0 million barrels per day, down by 0.2% from the
same period last year. Distillate fuel product supplied averaged over 3.8 million barrels
per day over the last four weeks, up by 8.1% from the same period last year. Jet fuel
product supplied is up 4.0% compared to the same four-week period last year.
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