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U.S. crude supplies down, other petroleum data mixed

Tan KW
Publish date: Thu, 21 Nov 2024, 06:22 AM
Tan KW
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HOUSTON, Nov. 20 -- U.S. crude oil refinery inputs averaged 16.2 million barrels per day (b/d) during the week ending Nov. 15, 281,000 b/d less than the previous week's average, according to the weekly report issued by the U.S. Energy Information Administration (EIA) on Wednesday.

Refineries operated at 90.2 percent of their operable capacity last week, said the Weekly Petroleum Data Report.

During the same period, both gasoline and distillate fuel production went down, averaging 9.3 million b/d and 4.8 million b/d respectively.

U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, surged by 0.5 million barrels from the previous week to 430.3 million barrels, about 4.0 percent below the five-year average for this time of year.

Propane/propylene inventories slightly went down from last week but still four percent above the five-year average for this time of year.

Total motor gasoline inventories rose by 2.1 million barrels from the previous week and were about 4.0 percent below the five-year average for this time of year.

Both finished gasoline and blending components inventories increased last week.

Distillate fuel inventories fell by 0.1 million barrels last week, about 4.0 percent below the five-year average for this time of year.

Propane/propylene inventories dropped by 0.7 million barrels last week and were 10 percent above the five-year average for this time of year.

Total commercial petroleum inventories went up by 3.0 million barrels last week.

Total products supplied over the last four-week period averaged 20.7 million b/d, up by 1.2 percent from the same period last year.

Over the past four weeks, motor gasoline product supplied averaged 8.9 million b/d, up by 0.5 percent from the same period last year.

Distillate fuel product supplied averaged 3.8 million b/d over the past four weeks, down by 6.4 percent from the same period last year.

Jet fuel product supplied was down 1.3 percent compared with the same four-week period last year.

 


  - Xinhua

 

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