:: Reports --- ID :: 14515
EIA reported a draw in U.S crude oil inventories while gasoline stocks remain unchanged
Tuning with Industry report

By Srinivas Chowdary Sunkara // petrobazaar // 23-11-2017

Weekly Petroleum Status Report for the week ending 17th Nov, 2017 - Highlights


Refinery Activity:

  • The Total crude oil put into processing units at U.S  refineries ( inputs) averaged 16.838 million barrels per day during the week, 199,000 barrels per day more  than the previous week's average. A lion share of 8850,000 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 91.3 % of their operable capacity with 0.4% increase from last week. East Coast Region operated high at 98.6% growth in utilisation compared to last week.


Gasoline production was increased by 314K at 10.409M, Jet fuel production    was up by 84K, Distillate Fuel oil production was ramped up by 105K, Residual Fuel oil production was down by 1K and  Propane/Proylene production was decreased by 18K.  

   



Imports:

  • U.S. crude oil imports averaged at 7.873 million barrels per day last week, down by 25,000 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 514000  barrels and 190,000  barrels up per day  during last week with a change of 165K and 28K respectively.


Inventories:

  • U.S commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 1.9 million barrels or 0.4 percentage change from the previous week. At 457.1  million barrels, U.S crude oil inventories are near the upper limit of the average range for this time of year. Stocks in Midwest and Gulf coast are largely fell down by 2.5 mb and 2.4mb.


  • Total motor gasoline inventories are not changed during last week and are in the  upper half of the average range.


  • Distillate fuel inventories increased by 0.3 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 1.0 million barrels during the  last week and are in the lower half of the average range.


  • Total commercial petroleum inventories are remained unchanged.



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