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Roundup: U.S. crude supplies up, other petroleum data mixed

0 Comment(s)Print E-mail Xinhua, May 16, 2024
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HOUSTON, May 15 (Xinhua) -- U.S. crude oil refinery inputs averaged 16.3 million barrels per day (b/d) during the week ending May 10, 307,000 b/d more than the previous week's average, according to a weekly report issued by the U.S. Energy Information Administration (EIA) on Wednesday.

Refineries operated at 90.4 percent of their operable capacity last week, said the EIA's Weekly Petroleum Data report.

During the same period, gasoline and distillate fuel production went up, averaging 9.7 million b/d and 4.8 million b/d respectively.

U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, dropped by 2.5 million barrels from the previous week to 457.0 million barrels, and were about 4 percent below the five-year average for this time of year.

Total motor gasoline inventories fell by 0.2 million barrels from the previous week and were about 1 percent below the five-year average for this time of year.

Finished gasoline inventories increased, while blending components inventories decreased last week.

Distillate fuel inventories slightly dropped last week, and were about 7 percent below the five-year average for this time of year.

Propane/propylene inventories surged by 2.9 million barrels, and were 14 percent above the five-year average for this time of year.

Total commercial petroleum inventories rose by 3.5 million barrels last week.

Total products supplied over the last four-week period averaged 20.1 million b/d, up by 0.7 percent from the same period last year.

Over the past four weeks, motor gasoline product supplied averaged 8.7 million b/d, down by 4.5 percent from the same period last year.

Distillate fuel product supplied averaged 3.6 million b/d over the past four weeks, down by 5.3 percent from the same period last year.

Jet fuel product supplied was up 3.7 percent compared with the same four-week period last year. Enditem

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