Weekly US Oil Inventory Report

Weekly US Oil Inventory Report

Summary of this week's US Petroleum Status Report for the week ending Apr 27, 2018:
  • Commercial crude oil inventories unexpectedly rose 6.2 million barrels, with the largest gains seen in the West Coast (PADD 5), up 4.9 million barrels. Stockpiles at Cushing rose 416,000 barrels.
  • Crude oil output increased 33,000 bbl/day to a new record high of 10.62 million bbl/day. Production out of the Lower 48 increased 25,000 bbl/day while output from Alaska rose 8,000 bbl/day.
  • Crude oil imports gained 1% to 8.55 million bbl/day while exports dropped 8% to 2.15 million bbl/day.
  • Imports of Canadian crude increased 15% to 3.73 million bbl/day, a new record high.
  • Refinery throughput dipped by 60,000 bbl/day to 16.56 million bbl/day, despite an overall increase in refinery utilization, rising to 91.1%. PADD 4 and 5 refineries reported the lowest rates, estimated at 82.9% and 84.6%, respectively. Midwest refineries reported the highest utilization rate, at 96.1%.
  • Gasoline stockpiles rose 1.2 million barrels last week as production rose 2% to 10.1 million bbl/day. Imports also rose 3% to 923,000 bbl/day while exports gained 14% to 901,000 bbl/day.
  • Distillate stockpiles continue to fall, declining another 3.9 million barrels. Exports declined 34% to 1.1 million bbl/day while consumption increased 20% to 4.5 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 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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