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Weekly EIA Oil Report – August 18th

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Miguel A. Rodriguez
Miguel A. Rodriguez
18 August 2021
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 August 13th.

U.S. crude oil refinery inputs averaged at 16.0 mbpd, while gasoline production increased last week, averaging to 10.0 million barrels/day.

U.S. crude oil imports averaged at 6.4 mbpd, while commercial crude oil inventories (excluding Strategic Reserves) decreased by 3.2 mbpd from the previous week.

The total motor gasoline imports (both the finished gasoline & gasoline blending components) from last week averaged at 743,000 bpd. Distillate fuel imports averaged 142,000 bpd, while the jet fuel product supplied was up 56.1% compared with the same 4-week period last year.

Total commercial petroleum inventories decreased by 5.3 mbpd last week, as the total products supplied over the last month averaged at 20.8 mbpd, up by 13.2% from the same period, last year.

 

Sources: eia.gov

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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.