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Weekly EIA Oil Report – May 19th

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Miguel A. Rodriguez
Miguel A. Rodriguez
20 May 2021
Here are the latest details from the U.S. Energy Information Administration regarding diesel fuel, heating oil, gasoline and many more.

U.S. crude oil refinery inputs averaged at 15.1 mil. bpd, while gasoline production increased to an avg. of 9.8 million barrels/day.

U.S. crude oil imports averaged at 6.4 mbpd, while commercial crude oil inventories (excluding Strategic Reserves) increased by 1.3 mbpd from the previous week.

Total commercial petroleum inventories decreased by 0.2 mb last week, as the total products supplied over the four-week period averaged at 8.9 mb/day, up by 33.9% from the same period, last year.

 

Sources: eia.gov

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Miguel A. Rodriguez
Miguel A. Rodriguez
financial_writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.