Trading leveraged product involves significant risk of loss. 21.57% of retail investor accounts generate profits when trading leveraged products with this provider

Article Hero

Weekly EIA Oil Report – March 24th

1648109562.jpg
Miguel A. Rodriguez
Miguel A. Rodriguez
24 March 2022
Here are the latest details from the U.S. Energy Information Administration regarding diesel fuel, heating oil, gasoline and many more, for the week ending on March 18th

U.S. crude oil refinery inputs averaged 15.9 million barrels per day, which was 276,000 barrels per day more than the previous week’s average, with refineries working at 91.1% of their capacity.

Gasoline production increased last week, averaging 9.8 million barrels/day. Distillate fuel production also increased, averaging 5 million barrels per day.

U.S. crude oil imports averaged 6.5 million barrels per day last week, 92,000 barrels per day lower from the previous week, with imports averaging approx. 6.2 million barrels/day.

U.S. commercial crude oil inventories decreased by 2.5 million barrels from the previous week to 413.4 million barrels. Considering the figures, the inventories are about 13% below the five year average for this time of year.

Sources: eia.gov

The information presented herein is prepared by capex.com/ae and does not intend to constitute Investment Advice. The information herein is provided as a general marketing communication for information purposes only.Users/readers should not rely solely on the information presented herewith and should do their own research/analysis by also reading the actual underlying research. The content herewith is generic and does not take into consideration individual personal circumstances, investment experience, or current financial situation. 

Key Way Markets Ltd shall not accept any responsibility for any losses of traders due to the use and the content of the information presented herein. Past performance and forecasts are not reliable indicators of future results.

Share this article

How did you find this article?

Awful
Ok
Great
Awesome

Read More

Miguel A. Rodriguez
Miguel A. Rodriguez
Financial Writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.