Weekly US Oil Inventory Report

Weekly US Oil Inventory Report

Summary of this week's US Petroleum Status Report for the week ending Apr 13, 2018:
  • Commercial crude oil inventories declined by 1.1 million barrels, with the largest drops seen in the Gulf Coast (down 1.5 million barrels) and Cushing (down 1.1 million barrels).
  • Crude production rose by another 15,000 bbl/day last week to a new record high of 10.54 million bbl/day. Production out of the Lower 48 jumped by 25,000 bbl/day while Alaska saw another 10,000 bbl/day decline.
  • Crude oil imports dropped 8% to 7.9 million bbl/day while exports increased by 45% to 1.75 million bbl/day. Imports of Canadian crude increased 4% to 3.5 million bbl/day.
  • Refinery throughput dropped by 70,000 bbl/day to 16.9 million bbl/day with overall refinery utilization declined to 92.4%.
  • Gasoline stockpiles fell by 3 million barrels last week. Imports increased 8% to 705,000 bbl/day while exports declined 18% to 647,000 bbl/day. Consumption rose 6% to 9.9 million bbl/day.
  • Distillate stockpiles also fell by about 3 million barrels as production dropped 3% to 5.1 million bbl/day. Exports decreased 5.5% to 1.3 million bbl/day while consumption rose 4.5% to 4.4 million bbl/day
  • Total product consumed remains seasonally strong, rising 8% to 21.4 million bbl/day. Imports declined 3% to 1.8 million bbl/day while exports dipped 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