Author Topic: EIA Oil Inventories 4.097M Crude Build 5.023M Gasoline Build #TCoil  (Read 1179 times)

HeidsterTrades

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Summary of Weekly Petroleum Data for the Week Ending January 6, 2017
U.S. crude oil refinery inputs averaged 17.1 million barrels per day during the week
ending January 6, 2017, 418,000 barrels per day more than the previous week’s average.
Refineries operated at 93.6% of their operable capacity last week. Gasoline production
increased last week, averaging about 9.7 million barrels per day. Distillate fuel
production remained unchanged last week, averaging over 5.3 million barrels per day.
U.S. crude oil imports averaged about 9.1 million barrels per day last week, up by about
1.9 million barrels per day from the previous week. Over the last four weeks, crude oil
imports averaged over 8.2 million barrels per day, 6.3% above the same four-week period
last year. Total motor gasoline imports (including both finished gasoline and gasoline
blending components) last week averaged 683,000 barrels per day. Distillate fuel imports
averaged 103,000 barrels per day last week.
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum
Reserve) increased by 4.1 million barrels from the previous week. At 483.1 million
barrels, U.S. crude oil inventories are at the upper limit of the average range for this time
of year. Total motor gasoline inventories increased by 5.0 million barrels last week, and
are at the upper limit of the average range. Both finished gasoline inventories and
blending components inventories increased last week. Distillate fuel inventories increased
by 8.4 million barrels last week and are above the upper limit of the average range for
this time of year. Propane/propylene inventories fell 4.5 million barrels last week but are
in the upper half of the average range. Total commercial petroleum inventories increased
by 13.4 million barrels last week.
Total products supplied over the last four-week period averaged over 19.5 million barrels
per day, up by 1.3% from the same period last year. Over the last four weeks, motor
gasoline product supplied averaged 8.9 million barrels per day, up by 0.7% from the
same period last year. Distillate fuel product supplied averaged over 3.6 million barrels
per day over the last four weeks, up by 7.5% from the same period last year. Jet fuel
product supplied is up 7.1% compared to the same four-week period last year.
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