Weekly US Oil Inventory Report

Weekly US Oil Inventory Report

Summary of this week's US Petroleum Status Report for the week ending March 9, 2018:
  • US commercial crude oil inventories increased by 5.0 million barrels, once again on big gains in the Gulf Coast. Stockpiles at Cushing were up by 338,000 barrels last week, reversing several weeks of declines.
  • Crude production rose another 12,000 bbl/day to 10.38 million bbl/day, another new record high.
  • Crude exports dipped slightly to 1.5 million bbl/day while imports fell over 5% to 7.6 million bbl/day.
  • Imports of Canadian crude dropped 10% to 3.1 million bbl/day.
  • Refinery throughput rose to 16.4 million bbl/day while utilization rates increased by 2% to 90%. West Coast refineries reported the biggest increase, rising 5.7% to 94.3%.
  • Gasoline stockpiles dropped by almost 6.3 million barrels last week while production rose 4% to 10.3 million bbl/day. Consumption also rose 4% to 9.6 million bbl/day.
  • Distillate stockpiles declined 4.4 million barrels. Production fell 3% to 4.5 million bbl/day while exports rose almost 50% to 1.5 million bbl/day.
  • Total product consumption rose 2% to 20.9 million bbl/day. Total product imports fell 23% to 2.0 million bbl/day while exports increased 5% to 5.2 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