Weekly EIA Oil Report – June 24th

Weekly EIA Oil Report – June 24th

Here are the latest details from the U.S. Energy Information Administration regarding diesel fuel, heating oil, gasoline and many more.

U.S. crude oil refinery inputs averaged at 16.1 mil. bpd, while gasoline production increased to an avg. of 10.3 million barrels/day.

U.S. crude oil imports averaged at 6.9 mbpd, while commercial crude oil inventories (excluding Strategic Reserves) decreased by 7.6 mbpd from the previous week.

The total motor gasoline imports (both the finished gasoline & gasoline blending components) from last week averaged at 840,000 mbpd. Distillate fuel imports averaged 276,000 bpd, while the jet fuel product supplied was up 97.5% compared with the same 4-week period last year.

Total commercial petroleum inventories decreased by 5.8 mb last week, as the total products supplied over the last month averaged at 19.5 mb/day, up by 14.5% from the same period, last year.

Sources: eia.gov

The information presented herein is prepared by CAPEX.com and does not intend to constitute Investment Advice. The information herein is provided as a general marketing communication for information purposes only and as such it has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is not subject to any prohibition on dealing ahead of the dissemination of investment research.

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.

Therefore, Key Way Investments 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 is not a reliable indicator of future results.