Article Hero

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.



The information presented herein is prepared by 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 and forecasts are not reliable indicators of future results.

Share this article

How did you find this article?


Read More

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. 

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.