Weekly US Oil Inventory Report

Weekly US Oil Inventory Report

Summary of this week's US Petroleum Status Report for the week ending Apr 6, 2018:
  • Commercial crude oil inventories rose by 3.3 million barrels, with the largest gains seen in the Gulf Coast (+2.6 million barrels). Stockpiles at Cushing rose again this week, gaining another 1.1 million barrels.
  • Crude production rose another 65,000 bbl/day to a new record high of 10.53 million bbl/day. Production out of the Lower 48 jumped by 85,000 bbl/day surpassing the 10 million bbl/day mark.
  • Crude oil imports rose 10% to 8.7 million bbl/day while exports were cut in half 1.2 million bbl/day. Imports of Canadian crude dipped slightly to 3.4 million bbl/day.
  • Refinery throughput rose by 83,000 bbl/day to 17 million bbl/day while overall refinery utilization increased to 93.5%.
  • Gasoline stockpiles rose for the first time since late February, gaining 458,000 barrels. Imports declined 14% to 655,000 bbl/day while exports fell 18% to 789,000 bbl/day.
  • Distillate stockpiles fell by 1 million barrels as production rose 5% to 5.3 million bbl/day. Exports increased 18% to 1.4 million bbl/day while consumption also rose 7% to 4.2 million bbl/day
  • Total product consumed dropped by 7% to 19.8 million bbl/day. Imports declined 30% to 1.9 million bbl/day while exports increased by 6% to 5 million bbl/day.
QUICK LINKS:
  Inventories - crude oil, gasoline & distillate inventories
  Crude production & rig counts
  Crude balance - production, imports, exports, refinery runs
  US imports of Canadian crude
  Gasoline balance - production, imports, exports, consumption
  Distillate balance - production, imports, exports, consumption
  Total products balance - imports, exports, consumption
DATA DOWNLOAD
WEEKLY PETROLEUM DATA:
• Inventories & trade data
• Production & oil rig counts
• Weekly data from Jan 2005

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

US CRUDE OIL PRODUCTION VS RIG COUNTS

US CRUDE OIL IMPORTS & EXPORTS

US IMPORTS OF CANADIAN CRUDE


PRODUCT BALANCE
GASOLINE BALANCE (thousand bbl/day)

GASOLINE BALANCE VS INVENTORIES

DISTILLATE BALANCE (thousand bbl/day)

DISTILLATE BALANCE VS INVENTORIES

TOTAL PRODUCTS (thousand bbl/day)

PRODUCT IMPORTS & EXPORTS

TOTAL PRODUCTS CONSUMPTION

UPDATED: EVERY WEDNESDAY (THURSDAY DURING HOLIDAY MONDAYS)
NOTES:
CRUDE/DISTILLATE BALANCE = PRODUCTION + IMPORTS − EXPORTS − CONSUMPTION
GASOLINE BALANCE INCLUDES ADJUSTMENT FOR BLENDING COMPONENTS
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

0