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Weekly EIA Oil Report – May 25th

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Miguel A. Rodriguez
Miguel A. Rodriguez
25 May 2022
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 May 20th

U.S. crude oil refinery inputs averaged 16.3 million barrels per day during the week ending May 20, 2022. The figures were 334,000 barrels per day higher compared to the previous week’s average.

U.S. crude oil imports averaged 6.5 million barrels per day last week, down by 82,000 barrels per day from the previous week. Over the past four weeks, crude oil imports averaged about 6.4 million barrels per day.

U.S. commercial crude oil inventories decreased by 1 million barrels from the previous week.

Total products supplied over the last four-week period averaged 19.5 million barrels a day, up by 2.1% 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.