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Weekly EIA Oil Report – August 18th

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.



This information/research prepared by Miguel A. Rodriguez does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. The research analyst primarily responsible for the content of this research report, in part or in whole, certifies that the views about the companies and their securities expressed in this report accurately reflect his/her personal views and consequently any person acting on it does so entirely at their own risk.The research provided does not constitute the views of KW Investments Ltd nor is it an invitation to invest with KW Investments Ltd. The research analyst also certifies that no part of his/her compensation was, is, or will be, directly, or indirectly, related to specific recommendations or views expressed in this report.The research analyst in not employed by KW Investments Ltd. You are encouraged to seek advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit that conforms to your specific investment objectives, financial situation, or particular financial needs before making a commitment to invest. The laws of the Republic of Seychelles shall govern any claim relating to or arising from the contents of the information/ research provided. 

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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.