EIA’s Weekly Petroleum Report: U.S. Crude Oil Inputs Averaged 15.4 Mln Barrels/Day

In its weekly report, U.S. Energy Information Administration (EIA) stated that the U.S. crude oil refinery inputs were close to 15.4 million barrels per day during the week ending June 13, 2014. This input represents a decrease of 150,000 barrels per day from the previous week’s average.

Offshore Oil Drilling BP RIG

According to the report, refineries operated at 87.1% of their operable capacity last week. The increase was reported in gasoline production, averaging over 9.8 million barrels per day. While distillate fuel production decreased last week, averaging over 4.7 million barrels per day.

During the week ending June 13, 2014, U.S. crude oil imports averaged more than 7.2 million barrels per day, representing an increase of 88,000 barrels per day from the previous week. Over the last four weeks, crude oil imports averaged over 7.3 million barrels per day, a 6.6% decrease from the same four-week period last year.

Total motor gasoline imports were close to 766,000 barrels per day. Distillate fuel imports averaged 106,000 barrels per day and remained same as the previous week, according to the EIA’s report.

“U.S. commercial crude oil inventories decreased by 0.6 million barrels from the previous week. Total motor gasoline inventories increased by 0.8 million barrels last week, and are in the upper half of the average range. Finished gasoline inventories increased while blending components inventories decreased last week. Distillate fuel inventories increased by 0.4 million barrels last week but are below the lower limit of the average range for this time of year,” EIA said.

Propane/propylene inventories increased 2.0 million barrels and are in the upper half of the average range. Total commercial petroleum inventories rose by 6.0 million barrels.

Over the last four-week period, total products supplied averaged 18.7 million barrels per day, up by 1.8% from the same period last year. Over the last four weeks, motor gasoline product supplied averaged 9.1 million barrels per day, up by 2.9% from the same period last year.

Distillate fuel product supplied averaged more than 4.0 million barrels per day over the last four weeks, representing a 2.5% increase from the same period last year. Jet fuel product supplied rose 3.1%, compared to the same four-week period last year.

Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The 10 Largest Pharmaceutical Companies In the World

The 10 Most Expensive Android Apps

The 9 Most Expensive Designer Bags in the World

The 7 Most Expensive Real Estate in the World

The 10 Most Expensive eBay Items Ever Sold

The 10 Most Expensive iPhone Apps

The 9 Most Expensive Designer Shoes in the World

The 10 Most Expensive Cigarette Brands

The 10 Most Expensive Law Schools in the US

The 10 Best Wall Street Movies

The 10 Most Expensive Golf Clubs Ever Sold

The 10 Most Expensive Golf Memberships

The 10 Best Disney Characters Ever Created

The 8 Best Foods for Gaining Weight

The 10 Most Expensive Colleges in the World

The 7 Most Memorable Ad Campaigns of All Time

The 7 Most Expensive High Schools in the World

The 10 Electric Vehicles with the Longest Range

The 10 Cities with the Worst Drivers in the World

The 10 Most Expensive Dresses Ever Created

10 Islands to Visit Before You Die

10 Famous Celebrities Who Needed Rehab

The 15 Countries with the Largest Oil Reserves

The 10 Most Overused Excuses in the World

The 5 Best iOS Apps You Can’t Get on Android

5 Companies Damaged By Social Media Blunders

The 10 Most Legendary Blues Songs

The 10 Most Lawless Places in the World

4 Reasons China is a Threat to the US

The 17 Most Sugary Drinks in the World

The 10 Most Ruthless Rulers in History

The 10 Greatest Generals in History

Top 8 Travel Destinations for 2015

The 10 Safest Dog Breeds for Children

The 10 Most Stolen Vehicles in the US

The 7 Most Expensive Celebrity Weddings

The 10 Best LoL Teams in the World

Top 10 Worst Marketing Campaigns Ever Produced

Top 5 Diets that Help You Lose Weight

The 10 Best Ways to Stay Awake

7 Artists That Switched Musical Genres

The 10 Most Expensive Cities to Live in New Jersey

The 10 Best High Schools in New York

The 10 Countries With the Least Gender Inequality

The 6 Biggest Musician-Manager Feuds

The 10 Countries with the Cheapest Gas Prices

The 7 Most Theatrical Bands of All Time

The 8 Worst Band Breakups of All Time

The 10 Most Important South American Leaders

The 7 Most Successful Casting Show Winners

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!