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


  • World
  • Thursday, 09 Feb 2023

HOUSTON, Feb. 8 (Xinhua) -- U.S. crude oil refinery inputs averaged 15.4 million barrels per day (b/d) during the week ending Feb. 3, 448,000 b/d more than the previous week's average, according to a weekly report issued by the U.S. Energy Information Administration on Wednesday.

Refineries operated at 87.9 percent of their operable capacity last week, said the Weekly Petroleum Data report.

Last week, both gasoline and distillate fuel production fell, averaging about 9.1 million b/d and about 4.7 million b/d respectively.

U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, surged by 2.4 million barrels from the previous week to 455.1 million barrels, about 4 percent above the five-year average for this time of year.

Total motor gasoline inventories rose by 5 million barrels from the previous week, about 6 percent below the five-year average for this time of year.

Finished gasoline decreased while blending components inventories increased last week. Distillate fuel inventories went up by 2.9 million barrels, about 15 percent below the five-year average for this time of year.

Propane/propylene inventories dropped by 4.3 million barrels from last week, about 25 percent above the five-year average for this time of year.

Total commercial petroleum inventories increased by 3.4 million barrels last week. Total products supplied over the last four-week period averaged 20.2 million b/d, down by 8.2 percent from the same period last year.

Over the past four weeks, motor gasoline product supplied averaged 8.3 million b/d, down by 2.8 percent from the same period last year.

Distillate fuel product supplied averaged 3.8 million b/d over the past four weeks, down by 16 percent from the same period last year. Jet fuel product supplied was up 6.6 percent compared with the same four-week period last year.

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