Weekly US Oil Inventory Report

Weekly US Oil Inventory Report

Summary of this week's US Petroleum Status Report for the week ending November 24, 2017:
  • Total commercial crude oil inventories declined by 3.4 million barrels, led lower by a 4 million barrel drawdown in the Midwest, including a 2.9 million barrel decline at the Cushing storage hub.
  • Another 2.4 million barrels of crude were withdrawn from Strategic Petroleum Reserves (SPR).
  • Crude production rose another 24,000 bbl/day last week to a record 9.68 million bbl/day.
  • Crude imports from Canada fell sharply due to supply disruptions on the Keystone export pipeline, sinking almost 12% to 2.9 million bbl/day.
  • Total crude imports declined 7% to 7.3 million bbl/day while total exports also declined 11% to 1.4 million bbl/day.
  • Gasoline and distillate stockpiles unexpectedly rose last week, gaining 3.6 and 2.7 million barrels, respectively. Total products consumed rose 2% to 19.7 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
  US imports of Canadian crude
  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
125.00
  • Crude oil balance:
    • Commercial inventories (incl. PADDs)
    • Cushing & SPR crude volumes
    • Production & rig counts
    • Imports, exports and refinery runs
  • Product balance:
    • production, consumption, imports and exports
    • gasoline & distillate inventories
  • Weekly data: Jan 2005 to previous week
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UPDATED: EVERY WEDNESDAY (THURSDAY DURING HOLIDAYS)
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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