Weekly US Oil Inventory Report

Weekly US Oil Inventory Report

Summary of this week's US Petroleum Status Report for the week ending November 9, 2018:
  • Commercial crude oil inventories rose another 10.3 million barrels last week, the eight consecutive weekly gain, with the biggest increase seen in the Gulf Coast (PADD 3), up over 5 million barrels. Cushing stockpiles also rose another 1.2 million barrels.
  • Refinery utilization in the Midwest region (PADD 2) continues to recover, rising from 77% to almost 84%.
  • Lower 48 output rose another 100,000 bbl/day, bringing total US crude production to a new record high of 11.7 million bbl/day.
  • Crude imports dipped 1% to 7.45 million bbl/day while exports declined 15% to 2.1 million bbl/day. Imports of Canadian crude decreased 6% to 3.3 million bbl/day.
  • Gasoline and distillates inventories declined 1.4 and 3.6 million barrels, respectively.
  • Total product consumption remains strong, rising 10% last week to a record 22.4 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

0