Roundup: U.S. Crude Supplies Up, Other Petroleum Data Mixed

U.S. crude oil refinery inputs averaged 15.4 million barrels per day (b/d) during the week ending Nov. 10, 164,000 b/d more than the previous week’s average, according to the weekly report issued by the U.S. Energy Information Administration (EIA) on Wednesday.

Refineries operated at 86.1 percent of their operable capacity last week, said the Weekly Petroleum Data Report.

During the same period, gasoline production rose while distillate fuel production fell, averaging 9.4 million b/d and 4.8 million b/d respectively.

U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, went up by 3.6 million barrels from the previous week to 439.4 million barrels, about 2.0 percent below the five-year average for this time of year.

Total motor gasoline inventories went down by 1.5 million barrels from the previous week and were about 1.0 percent above the five-year average for this time of year.

Both finished gasoline and blending components inventories decreased last week.

Distillate fuel inventories dropped by 1.4 million barrels last week, about 13 percent below the five-year average for this time of year.

Propane/propylene inventories went up by 1.3 million barrels last week, about 17 percent above the five-year average for this time of year.

Total commercial petroleum inventories shrank by 0.1 million barrels last week.

Total products supplied over the last four-week period averaged 20.4 million b/d, down by 2.0 percent from the same period last year.

Over the past four weeks, motor gasoline product supplied averaged 9.0 million b/d, up by 1.9 percent from the same period last year.

Distillate fuel product supplied averaged 4.0 million b/d over the past four weeks, slightly below the same period last year.

Jet fuel product supplied was up 14.0 percent compared with the same four-week period last year.