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Summary of Weekly Petroleum Data for the Week Ending July 14, 2017
U.S. crude oil refinery inputs averaged over 17.1 million barrels per day during the week ending July 14, 2017, 125,000 barrels per day less than the previous week’s average.
Refineries operated at 94.0% of their operable capacity last week. Gasoline production decreased last week, averaging 10.1 million barrels per day. Distillate fuel production decreased last week, averaging over 4.9 million barrels per day.
U.S. crude oil imports averaged 8.0 million barrels per day last week, up by 386,000 barrels per day from the previous week. Over the last four weeks, crude oil imports averaged over 7.8 million barrels per day, 1.7% below the same four-week period last year. Total motor gasoline imports (including both finished gasoline and gasoline
blending components) last week averaged 591,000 barrels per day. Distillate fuel imports averaged 126,000 barrels per day last week.U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 4.7 million barrels from the previous week. At 490.6 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 4.4 million barrels last week, but are in the upper half of the average range. Both finished gasoline inventories and blending components inventories decreased last week. Distillate fuel inventories decreased by 2.1 million barrels last week but are near the upper limit of the average range for this time of year.
Propane/propylene inventories increased by 3.5 million barrels last week but are in the lower half of the average range. Total commercial petroleum inventories decreased by 10.2 million barrels last week.
Total products supplied over the last four-week period averaged about 20.8 million barrels per day, up by 2.1% from the same period last year. Over the last four weeks, motor gasoline product supplied averaged about 9.7 million barrels per day, down by 0.8% from the same period last year. Distillate fuel product supplied averaged over 4.1 million barrels per day over the last four weeks, up by 9.9% from the same period last year. Jet fuel product supplied is up 5.6% compared to the same four-week period last year.
Crude stocks fell by -4.727 mbbls to 490.62 mbbls, stocks are currently 1.79 mbbls higher YOY.
via @energybasis
Crude production rose by 0.032 mbpd to 9.429 mbpd, production is currently 0.935 mbpd higher YOY. via @energybasis
Distillate demand rose by 0.476 mbpd to 4.334 mbpd, demand is currently 0.414 mbpd higher YOY via @EnergyBasis
Distillate stocks fell by -2.137 mbbls to 151.42 mbbls, stocks are currently -1.367 mbbls lower YOY via @EnergyBasis
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