Notifications Bell

Weekly EIA Oil Report – March 24th

Weekly EIA Oil Report – March 24th

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 March 18th

U.S. crude oil refinery inputs averaged 15.9 million barrels per day, which was 276,000 barrels per day more than the previous week’s average, with refineries working at 91.1% of their capacity.

Gasoline production increased last week, averaging 9.8 million barrels/day. Distillate fuel production also increased, averaging 5 million barrels per day.

U.S. crude oil imports averaged 6.5 million barrels per day last week, 92,000 barrels per day lower from the previous week, with imports averaging approx. 6.2 million barrels/day.

U.S. commercial crude oil inventories decreased by 2.5 million barrels from the previous week to 413.4 million barrels. Considering the figures, the inventories are about 13% below the five year average for this time of year.

Sources: eia.gov

This information prepared by sc.capex.com is not an offer or a solicitation for the purpose of purchase or sale of any financial products referred to herein or to enter into any legal relations, nor an advice or a recommendation with respect to such financial products.

This information is prepared for general circulation. It does not have regard to the specific investment objectives, financial situation or the particular needs of any recipient.

You should independently evaluate each financial product and consider the suitability of such a financial product, by taking into account your specific investment objectives, financial situation or particular needs, and by consulting an independent financial adviser as needed, before dealing in any financial products mentioned in this document.

This information may not be published, circulated, reproduced or distributed in whole or in part to any other person without the Company’s prior written consent.

Past performance is not always indicative of likely or future performance. Any views or opinions presented are solely those of the author and do not necessarily represent those of sc.capex.com