Commercial oil stocks in the USA rises about 1.2 million barrels

Crude oil inputs in the United States refineries averaged 17.7 million barrels per day during the week ending on June 29, 2018, i.e. 163,000 barrels a day unless the average of the previous week. The data is from the United States Energy Agency and they were introduced today.

The United States ' commercial crude stocks, excluding those of the strategic reserve, rose 1.2 million barrels in relation to the preceding week, below the estimated 4.4 million of bpd. At 417.9 million barrels, crude oil stocks are at almost 2% below average five years for this time of year. The total commercial oil stock increased 3.3 million barrels last week.

The production of gasoline increased, with an average of 10.3 million of BPD. The production of distilled fuel has risen and in the average of 5.5 million bpd.

Imports of crude oil from the United States, on average, were in 9.1 million of BPD last week, a high of 699,000 bpd compared to the previous week. Over the past four weeks, crude oil imports have reached almost 8.4 million of bpd, 6.6% more than in the same four-week period of last year. Total imports of gasoline for engines (including components of the gasoline and finished mixture) had an average of 648,000 bpd, and imports of distilled fuel were averaged to 92000 bpd.

Total fuel-to-engine stocks decreased 1.5 million barrels last week and are about 6% above the five-year range. The fuel stocks and finished mixing components decreased in the period. Distilled fuel stocks have increased 100,000 barrels and are about 13% below the average of five years for this time of year.

The Propene/Propylene stocks have increased 2.9 million barrels and are about 10% below the average of five years for this time of year.

The total products provided over the last four-week period had an average of 20.9 million bpd, high of 1.4% compared to the same period last year.

Over the last four weeks, the supply of gasoline for vehicles has reached an average of 9.7 million bpd, high at 1.2% compared to the same period last year. The supplied distilled fuel product was averaged 4 million of bpd in the last four weeks, falling from 3.5% compared to the same period last year. The supplied aviation fuel product fell 5.3% compared to the same four-week period last year.

The refineries operated 97.1% of their capacity last week. Source: Last minute.

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