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EIA: Commercial crude oil inventories decreased by 4.1 mln barrels

Below are the key highlights from the EIA’s  weekly petroleum report for the week ending June 8, 2018.

  • U.S. crude oil refinery inputs averaged 17.5 million barrels per day during the week ending June 8, 2018, which was 136,000 barrels per day more than the previous week’s average.
  • U.S. crude oil imports averaged about 8.1 million barrels per day last week, down by 247,000 barrels per day from the previous week.  
  • U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 4.1 million barrels from the previous week.  
  • Total motor gasoline inventories decreased by 2.3 million barrels last week.
  • Total products supplied over the last four-week period averaged more than 20.4 million barrels per day, up by 1.7% from the same period last year.

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