Weekly US Oil Inventory Report

Weekly US Oil Inventory Report

Summary of this week's US Petroleum Status Report for the week ending Jul 20, 2018:
  • Commercial crude oil inventories fell by 6.1 million barrels last week, with the biggest declines seen on the West Coast (PADD 5), falling 4.5 million barrels.
  • Inventories continue to fall at the Cushing storage hub in Oklahoma, declining another 1.1 million barrels.
  • Overall refinery utilization dropped from 94.3% to 93.8%, led lower by declines in the Gulf Coast and East Coast.
  • Total US crude production was unchanged, as a 100,000 bbl/day gain in the Lower 48 offset losses out of Alaska. Lower 48 production is now at a record 10.6 million bbl/day.
  • Crude imports decreased 14% to 7.8 million bbl/day while exports jumped almost 84% to 2.7 million bbl/day. Imports of Canadian crude declined 163,000 bbl/day to 3.25 million bbl/day.
  • Gasoline stockpiles fell 2.3 million barrels as consumption increased 1.4% to 9.8 million bbl/day.
  • Distillate inventories were roughly unchanged for the week.
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

0