Wednesday, November 4, 2009

EIA Weekly Petroleum Status Report


U.S. crude oil refinery inputs averaged 14.0 million barrels per day during the week ending October 30, 233 thousand barrels per day below the previous week’s average. Refineries operated at 80.6 percent of their operable capacity last week. Gasoline production increased last week, averaging 9.0 million barrels per day. Distillate fuel production increased last week, averaging 4.0 million barrels per day. U.S. crude oil imports averaged 8.1 million barrels per day last week, down 764 thousand barrels per day from the previous week. Over the last four weeks, crude oil imports have averaged 8.6 million barrels per day, 1.5 million barrels per day below the same
four-week period last year. Total motor gasoline imports (including both finished gasoline and gasoline blending components) last week averaged 1.1 million barrels per day. Distillate fuel imports averaged 197 thousand barrels per day last week.

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 4.0 million barrels from the previous week. At 335.9 million barrels, U.S. crude oil inventories are near the upper limit of the average range for this time of year. Total motor gasoline inventories decreased by 0.3 million barrels last week, and are above the upper limit of the average range. Finished gasoline inventories increased while blending components decreased last week. Distillate fuel inventories decreased by 0.4 million barrels, and are above the
upper boundary of the average range for this time of year. Propane/propylene inventories decreased by 1.4 million barrels last week and are in the upper half of the average range.....Read the entire report.

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