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Weekly EIA Oil Report – March 11th

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.



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.

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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.