Weekly US Oil Inventory Report

Weekly US Oil Inventory Report

Summary of this week's US Petroleum Status Report for the week ending Apr 20, 2018:
  • Commercial crude oil inventories increased by 2.2 million barrels, with the largest rise seen in the Midwest (PADD 2), up 1.5 million barrels. Stockpiles at Cushing rose 460,000 barrels, reversing some of the declines of the previous week.
  • Crude production rose 46,000 bbl/day to a new high of 10.59 million bbl/day. Production out of the Lower 48 increased another 33,000 bbl/day while output from Alaska rose 13,000 bbl/day.
  • Crude oil imports rose 7% to 8.5 million bbl/day while exports jumped 33% to 2.33 million bbl/day, a new record high. Imports of Canadian crude fell 9% to 3.2 million bbl/day.
  • Refinery throughput dipped by 328,000 bbl/day to 16.6 million bbl/day with overall refinery utilization falling almost 2% to 90.8%.
  • After declining for the past 6 weeks, gasoline stockpiles rose 840,000 barrels last week while production dipped 3% to 9.9 million bbl/day. Imports rose 27% to 896,000 bbl/day while exports increased 22% to 791,000 bbl/day. Consumption dropped by 8% to 9.1 million bbl/day.
  • Distillate stockpiles continue to fall, declining another 2.6 million barrels as production dropped 2% to 5 million bbl/day and exports increased 34% to 1.7 million bbl/day. Distillate consumption dropped 14% to 3.7 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

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