Summary of Weekly Petroleum Data for the Week Ending August 18, 2017
U.S. crude oil refinery inputs averaged about 17.5 million barrels per day during the
week ending August 18, 2017, 104,000 barrels per day less than the previous week’s
average. Refineries operated at 95.4% of their operable capacity last week. Gasoline
production increased last week, averaging about 10.6 million barrels per day. Distillate
fuel production decreased last week, averaging 5.1 million barrels per day.
U.S. crude oil imports averaged 8.8 million barrels per day last week, up by 664,000
barrels per day from the previous week. Over the last four weeks, crude oil imports
averaged over 8.2 million barrels per day, 3.1% below the same four-week period last
year. Total motor gasoline imports (including both finished gasoline and gasoline
blending components) last week averaged 555,000 barrels per day. Distillate fuel imports
averaged 132,000 barrels per day last week.
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum
Reserve) decreased by 3.3 million barrels from the previous week. At 463.2 million
barrels, U.S. crude oil inventories are in the upper half of the average range for this time
of year. Total motor gasoline inventories decreased by 1.2 million barrels last week, but
are near the upper limit of the average range. Finished gasoline inventories increased
while blending components inventories decreased last week. Distillate fuel inventories
remained unchanged last week and are in the upper half of the average range for this time
of year. Propane/propylene inventories increased by 2.9 million barrels last week but are
in the lower half of the average range. Total commercial petroleum inventories remained
unchanged last week.
Total products supplied over the last four-week period averaged over 21.0 million barrels
per day, up by 1.4% from the same period last year. Over the last four weeks, motor
gasoline product supplied averaged 9.7 million barrels per day, down by 0.4% from the
same period last year. Distillate fuel product supplied averaged over 4.2 million barrels
per day over the last four weeks, up by 14.4% from the same period last year. Jet fuel
product supplied is up 1.3% compared to the same four-week period last year.