Weekly US Oil Inventory Report

Weekly US Oil Inventory Report

Summary of this week's US Petroleum Status Report for the week ending Jul 27, 2018:
  • Commercial crude oil inventories rose by 3.8 million barrels, with the biggest increase seen on the Gulf Coast (PADD 3), rising 5.6 million barrels.
  • Inventories continue to fall at the Cushing storage hub in Oklahoma, declining another 1.3 million barrels last week.
  • Overall refinery utilization improved from 93.8% to 96.1%, led higher by gains in the Midwest, East Coast and Gulf Coast. Refinery runs rose 1% to 17.5 million bbl/day.
  • Total US crude production declined 100,000 to 10.9 million bbl/day, on lower output from Alaska. Production out of the Lower 48 was unchanged.
  • Total crude imports were roughly unchanged last week at 7.8 million bbl/day while exports declined 50% to 1.3 million bbl/day. Imports of Canadian crude increased 106,000 bbl/day to 3.35 million bbl/day.
  • Gasoline production rose 2% to 10.5 million bbl/day while consumption was unchanged at 9.9 million bbl/day. Gasoline stockpiles declined for the fifth week in a row, falling another 2.5 million barrels last week.
  • Distillate inventories rose almost 3 million barrels. Consumption dropped 13% to 3.6 million bbl/day.
  • Total petroleum consumption declined over 5% to 20.6 million bbl/day, and remains well below the highs of last August.
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

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