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Weekly EIA Oil Report – June 15th

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Miguel A. Rodriguez
Miguel A. Rodriguez
15 June 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 June 10th

U.S. crude oil refinery inputs averaged 16.3 million barrels per day, which was 67,000 barrels per day less than the previous week’s average, with refineries working at 93.7% of their capacity.

Gasoline production decreased last week, averaging 10 million barrels/day. Distillate fuel production also decreased, averaging 4.9 million barrels per day.

U.S. crude oil imports averaged 7 million barrels per day last week, 0.8 million barrels per day higher from the previous week, with imports averaging approx. 6.5 million barrels/day.

U.S. commercial crude oil inventories increased by 2 million barrels from the previous week to 418.7 million barrels. Considering the figures, the inventories are about 14% below the five-year average for this time of 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.