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    Home ยป U.S. Commercial Crude Oil Stockpiles Falls by 2.1 million barrels
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    U.S. Commercial Crude Oil Stockpiles Falls by 2.1 million barrels

    November 17, 20211 Min Read
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    Crude Oil Trading Concept with Black Crude Oil Barrels and Oil Pump During Sunset. 3D Rendered Barrels.
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    The US commercial crude oil inventories dropped by 2.1 million barrels to reach 43 million barrels in the week ending November 12.

    • The US crude oil refinery inputs hovered around 15.4 million barrels per day, up 32,000 barrels per day from the average posted last week.
    • Refineries were operated at a capacity of 78.9% as gasoline production cooled down to an average of 9.9 million barrels per day.
    • The US crude oil imports averaged 6.2 million barrels per day last week, up by 83,000 barrels per day posted the prior week.
    • Total products supplied in the last four-week duration increased by 3.9% to reach 20.2 million barrels per day from the same period 2020. Jet fuel product supplied expanded 44.1% in the same period.

    The overall commercial petroleum inventories decreased by 8.9 million barrels over the period.

    CL1! Down -2.41%, USOIL down -1.38%

    Source: EIA

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