:: Reports --- ID :: 14490
Crude and gasoline stocks are up while distillates are down says EIA
inventory build up

By Srinivas Chowdary Sunkara // petrobazaar // 16-11-2017,

Weekly Petroleum Status Report for the week ending 10th Nov, 2017 - Highlights


Refinery Activity:

  • The Total crude oil put into processing units at U.S  refineries ( inputs) averaged 16.639 million barrels per day during the week, 334,000 barrels per day more  than the previous week's average. A lion share of 8935,000 barrels utilised only in Gulf coast followed by Midwest, West Coast and East coast . Refineries Operable capacity was not changed at 18.573 Mts, while Refiners operated at 91 % of their operable capacity with 1.3% increase from last week. East Coast Region operated high at 99.8% and West Coast booked -0.1 percent negative growth in utilisation compared to last week.


Gasoline production was decreased by 211K at 10.095M, Jet fuel production    was down by 17K, Distillate Fuel oil production was ramped up by 32K, Residual Fuel oil production was down by 78K and  Propane/Proylene production was increased by 36K.  

   



Imports:

  • U.S. crude oil imports averaged at 7.898 million barrels per day last week, up by 521,000 barrels per day from the previous week. Total motor gasoline (Including both finished gasoline and gasoline blending components) and distillate fuel imports last week averaged down at 349000  barrels and 161,000  barrels up per day  during last week with a change of -56K and 75K respectively.


Inventories:

  • U.S commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 1.9 million barrels or 0.4 percentage change from the previous week. At 459  million barrels, U.S crude oil inventories are near the upper limit of the average range for this time of year. Stocks in Gulf coast are largely built up by 2.9 mb.


  • Total motor gasoline inventories increased by 0.9 million barrels during last week and are in the  upper half of the average range.


  • Distillate fuel inventories decreased by 0.8 million barrels during last week and  are in the lower half of the average range for this time of year.


  • Propane/propylene  Inventories were down by 2.5 million barrels during the  last week and are in the lower half of the average range.


  • Total commercial petroleum inventories increased by 2.8 million barrels during last week.



TAG LINES: Energy Information Administration Report- statistical and analytical agency - U.S Department of energy - U.S crude refinery activity - gasoline production - Distillate fuels - weekly petroleum status Report - EIA  - ir.eia.gov/wprs/wpsrsummary