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

  • U.S. crude oil refinery inputs averaged 17.7 million barrels per day during the week ending June 29, 2018, which was 163,000 barrels per day less than the previous week’s average.  
  • U.S. crude oil imports averaged 9.1 million barrels per day last week, up by 699,000 barrels per day from the previous week.
  • U.S. commercial crude oil inventories increased by 1.2 million barrels from the previous week.
  • Total products supplied over the last four-week period averaged 20.9 million barrels per day, up by 1.4% from the same period last year.