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Weekly EIA Oil Report – June 29th

Weekly EIA Oil Report – June 29th

Here are the latest details from the U.S. Energy Information Administration regarding diesel fuel, heating oil, gasoline and many more, for the week ending on June 24th

U.S. crude oil refinery inputs averaged 16.7 million barrels per day, which was 403,000 barrels per day higher than the previous week’s average, with refineries working at 95% of their capacity.

Gasoline production increased last week, averaging 9.5 million barrels/day. Distillate fuel production decreased, averaging 5.1 million barrels per day.

U.S. crude oil imports averaged 6 million barrels per day last week, 0.2 million barrels per day lower from the previous week, with imports averaging approx. 6.3 million barrels/day.

U.S. commercial crude oil inventories decreased by 2.8 million barrels from the previous week to 415.6 million barrels. Considering the figures, the inventories are about 8% below the five-year average for this time of year.

Sources: eia.gov

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