Weekly US Oil Inventory Report

Weekly US Oil Inventory Report

Summary of this week's US Petroleum Status Report for the week ending September 28, 2018:
  • Commercial crude oil inventories rose by almost 8 million barrels, with the largest gains seen in the Gulf Coast (up 6.6 million barrels) and the Midwest (up 3.6 million barrels). Cushing stockpiles (including in Midwest figures) rose 1.7 million barrels last week.
  • Overall refinery utilization was roughly unchanged. Midwest rates dropped from 83% to 79%, offsetting gains in the other 4 PADDs. Crude runs ticked higher by 0.5% to 16.6 million bbl/day.
  • Total US crude production was reported unchanged for the week.
  • Crude imports rose 2% to 8 million bbl/day while exports declined 35% to 1.7 million bbl/day. Imports of Canadian crude also declined 175,000 bbl/day to 3.11 million bbl/day.
  • Gasoline stockpiles decreased by 459,000 barrels. Production and consumption both rose about 1% to 9.95 and 9.1 million bbl/day, respectively.
  • Distillate inventories declined 1.75 million barrels. Consumption fell 10% to 3.9 million bbl/day, while production rose 1% to just over 5 million bbl/day. Exports increased 36% to 1.56 million bbl/day.
QUICK LINKS:
  Inventories - crude oil, gasoline & distillate inventories
  Refinery utilization by PADD
  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

REFINERY UTILIZATION


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 PETROLEUM PRODUCTS (thousand bbl/day)

IMPORTS & EXPORTS OF PETROLEUM PRODUCTS

TOTAL PRODUCTS CONSUMED

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

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