Crude oil stockpiles fell by 3.5 million barrels to 414 million barrels as gasoline inventories rose last week.
- US crude oil refinery inputs hovered around 15.3 million barrels per day during the week ending Sept. 17, 2021, which was 1.0 million barrels per day, more than the prior week’s average.
- US crude oil imports increased by 0.7 million barrels each day from the previous week to 6.5 million barrels per day last week. Total motor gasoline imports last week rose to 1.1 million barrels per day.
- Refineries operated at 87.5% capacity last week. Gasoline production rose last week to an average of 9.6 million barrels per day. Distillate fuel production rose to 4.5 barrels per day last week.
The total products supplied in the last four-week period jumped up 17.9% to 21.0 million barrels a day from the same period in 2020 as the economy continued to rebound from the COVID-19 pandemic.
USOIL up +0.90%, CL1! Up +1.52%Source: EIA
