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Weekly US Oil Inventory Report

Weekly US Oil Inventory Report

Summary of this week's US Petroleum Status Report for the week ending August 11, 2017:
  • Crude stockpiles declined another 9 million barrels on continued drawdowns in the Gulf Coast. This is the seventh consecutive weekly decline in crude oil inventories, now down 67 million barrels from the highs of March.
  • After a small dip last week, total US crude oil production rose 79,000 bbl/day led higher by a recovery in output from Alaska. Production out of the Lower 48 region rose 25,000 bbl/day.
  • Gasoline inventories were roughly unchanged last week despite lower imports and lower production. Gasoline exports surged by 48% to 670,000 bbl/day.
  • Total product consumption declined almost 1 million bbl/day to 21 million bbl/day. Gasoline consumption also dipped 275,000 bbl/day to 9.5 million bbl/day.
 
QUICK LINKS:
  Inventories - crude oil, gasoline & distillate inventories
  Crude production & rig counts
  Crude balance - production, imports, exports, refinery runs
  Product balance - production, imports, exports, consumption
  Download weekly data - inventories, production & trade
INVENTORIES
INVENTORIES (thousand barrels)

PADD 1: EAST COAST • PADD 2: MIDWEST • PADD 3: GULF COAST • PADD 4: ROCKY MNTS • PADD 5: WEST COAST

COMMERCIAL CRUDE OIL INVENTORIES

GASOLINE & DISTILLATE INVENTORIES


CRUDE PRODUCTION & TRADE BALANCE
CRUDE OIL BALANCE (thousand bbl/day)

CRUDE BALANCE VS INVENTORIES

CRUDE OIL PRODUCTION VS RIG COUNTS

CRUDE OIL PRODUCTION & IMPORTS

WEEKLY CANADIAN IMPORTS

US CRUDE OIL EXPORTS


PRODUCT BALANCE
PRODUCTS (thousand bbl/day)

PRODUCT IMPORTS & EXPORTS

TOTAL PRODUCTS CONSUMPTION

DATA DOWNLOAD
US Energy Statistics • Weekly
250.00
  • Weekly US inventories:
    • Crude oil inventories by PADD incl. Cushing
    • SPR crude stockpiles
    • Total gasoline & distillate inventories
  • Crude oil production:
    • Lower 48 (incl. Gulf of Mexico) & Alaska
    • Rig counts (oil & gas)
  • Crude oil trade balance:
    • Production, imports, exports and refinery runs
  • Product balance:
    • Gasoline & distillates production, imports, exports
    • Total product consumption, imports & exports
  • Weekly data: Jan 2005 to previous week
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UPDATED: EVERY WEDNESDAY
NOTES:
CRUDE/PRODUCT BALANCE = PRODUCTION + IMPORTS − EXPORTS − CONSUMPTION
SOURCES:
THE US ENERGY INFORMATION ADMINISTRATION (EIA)
WEEKLY RIG COUNTS PROVIDED BY BAKER HUGHES
Weekly US Oil Inventory Report

Weekly US Oil Inventory Report

Weekly US Oil Inventory Report

Weekly US Oil Inventory Report

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