US Crude Supplies Rise, Other Oil Data Mixed

JABAR EKSPRES – US crude oil refinery inputs averaged 16.5 million barrels per day during the week ended July 28, 40,000 barrels per day more than the previous week’s average, according to a weekly report issued by the US Energy Information Agency (EIA) on Wednesday (8/2).

Refineries operated at 92.7 percent of their operating capacity last week, the Weekly Petroleum Data report said.

Both gasoline and distillate fuel production rose last week, reaching an average of 9.8 million barrels per day and 4.9 million barrels per day, respectively.

US commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, fell 17 million barrels from the previous week to 439.8 million barrels, about one percent below the five-year average for the year.

Read more: Saudi Arabia Summons Danish Businessman Over Quran Burning

Total motor gasoline inventories rose 1.5 million barrels from the previous week and are about 6.0 percent below the five-year average for the year.

Finished gasoline inventories increased while blended component inventories decreased last week.

Distillate fuel inventories fell 0.8 million barrels last week, about 15 percent below the five-year average for the year.

Propane/propylene inventories rose 2.9 million barrels, about 24 percent above the five-year average for the year.

Total commercial petroleum inventories fell by 10.4 million barrels last week.

Total products supplied during the most recent four-week period averaged 20.2 million barrels per day, up 1.4 percent from the same period last year. Over the past four weeks, motor gasoline products supplied averaged 8.8 million barrels per day, up 3.0 percent from the same period last year.

Distillate fuel products supplied averaged 3.5 million barrels per day over the past four weeks, down 3.5 percent from the same period last year.

Jet fuel products supplied were up 7.0 percent compared to the same four-week period last year.

Read more: UN: Russia’s Donations to Africa Don’t Solve Global Food Crisis

Berita Terkait

Tinggalkan Balasan