Weekly EIA Oil Report – October 1st

Weekly EIA Oil Report – October 1st

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 October 1st

U.S. crude oil refinery inputs averaged 15.7 million barrels per day during the week ending October 1, 2021 which was 330,000 barrels per day more than the previous week’s average.

U.S. crude oil imports averaged 7.0 million barrels per day last week, up by 483,000 barrels per day from the previous week.

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 2.3 million barrels from the previous week. At 420.9 million barrels, U.S. crude oil inventories are about 7% below the five-year average for this time of year.

Total products supplied over the last four-week period averaged 20.7 million barrels a day, up by 16.4% from the same period last year.

Sources: eia.gov

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