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


  • World
  • Thursday, 08 Jun 2023

HOUSTON, June 7 (Xinhua) -- U.S. crude oil refinery inputs averaged 16.6 million barrels per day (b/d) during the week ending June 2, 481,000 b/d more than the previous week's average, according to the weekly report issued by the U.S. Energy Information Administration (EIA) on Wednesday.

Refineries operated at 95.8 percent of their operable capacity last week, said the Weekly Petroleum Data Report.

During the same period, gasoline and distillate fuel production rose, averaging 10.1 million b/d and and 5.2 million b/d respectively.

U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, went down by 0.5 million barrels from the previous week to 459.2 million barrels, which were two percent below the five year average for this time of year.

Total motor gasoline inventories went up by 2.7 million barrels from the previous week and were some eight percent below the five year average for this time of year.

Both finished gasoline and blending components inventories surged last week.

Distillate fuel inventories rose by 5.1 million barrels last week, about 16 percent below the five year average for this time of year.

Propane/propylene inventories went up by 1.7 million barrels last week, and were about 30 percent above the five year average for this time of year.

Total commercial petroleum inventories rose by 12.8 million barrels last week.

Total products supplied over the last four week period averaged 19.7 million b/d, down by 0.2 percent from the same period last year.

Over the past four weeks, motor gasoline product supplied averaged 9.2 million b/d, up by 1.8 percent from the same period last year.

Distillate fuel product supplied averaged 3.8 million b/d over the past four weeks, up by 0.6 percent from the same period last year.

Jet fuel product supplied was down 5.0 percent compared with the same four week period last year.

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