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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 17.5 million barrels per day during the week ending July 27, 2018.
  • U.S. crude oil imports averaged 7.7 million barrels per day last week, down by 21,000 barrels per day from the previous week.  
  • U.S. commercial crude oil inventories  increased by 3.8 million barrels from the previous week.
  • Total products supplied over the last four-week period averaged 20.9 million barrels per day, up by 0.6% from the same period last year.