Weekly US Oil Inventory Report

Weekly US Oil Inventory Report

Summary of this week's US Petroleum Status Report for the week ending Aug 17, 2018:
  • Commercial crude oil inventories decreased by 5.8 million barrels, with the largest declines seen in the Gulf Coast (PADD 3 down 4.1 million barrels) and West Coast (PADD 5 down 2.0 million barrels).
  • Stockpiles in Cushing rose for the second week in a row, gaining 772,000 barrels last week.
  • Refinery utilization was reported unchanged while refinery runs dipped slightly from a record 18.0 million to 17.9 million bbl/day.
  • Total US crude production rebounded to 11.0 million bbl/day, touching the record highs of mid-July.
  • Crude imports dropped 17% to 7.5 million bbl/day while exports ticked lower to 1.2 million bbl/day.
  • Imports of Canadian crude fell 106,000 bbl/day to 3.35 million bbl/day.
  • Gasoline stockpiles unexpectedly rose 1.2 million barrels as imports increased 154,000 bbl/day while exports dropped 291,000 bbl/day.
  • Distillate inventories continue to rise from the lows of last spring, gaining another 1.85 million barrels last week. Distillate stockpiles are up almost 17 million barrels since May.
  • Total petroleum consumption rose 7% to 21.5 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 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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