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EIA: Commercial crude oil inventories increased by 4.9 million barrels from previous week

Below are the key takeaways from the weekly report published by the U.S. Energy Information Administration.

  • U.S. crude oil refinery inputs averaged 16.9 million barrels per day during the week ending November 16, 2018.
  • Refineries operated at 92.7% of their operable capacity last week.
  • Gasoline production decreased last week, averaging 10.0 million barrels per day.  
  • U.S. commercial crude oil inventories  increased by 4.9 million barrels from the previous week.  
  • U.S. crude oil imports averaged 7.6 million barrels per day last week, up by 102,000 barrels per day from the previous week.

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