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Weekly EIA Oil Report – March 11th

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Miguel A. Rodriguez
Miguel A. Rodriguez
11 March 2021
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 12.3 mil. bpd, while gasoline production decreased to an avg. of 9.0 million barrels/day.

U.S. crude oil imports averaged at 5.7 mbpd, while commercial crude oil inventories (excluding Strategic Reserves) increased by 13.8 mbpd from the previous week.

Total commercial petroleum inventories increased by 1.3 mb last week, as the total products supplied over the last month averaged at 19.2 mb/day, down by 7.1% from the same period, last 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.