U.S. crude oil refinery inputs averaged 16.7 million barrels per day (b/d) during the week ending Aug. 11, 166,000 b/d more than the previous week’s average, according to the weekly report issued by the U.S. Energy Information Administration (EIA) on Wednesday.
Refineries operated at 94.7 percent of their operable capacity last week, said the Weekly Petroleum Data Report.
During the same period, both gasoline and distillate fuel production went down, averaging 9.6 million b/d and 4.7 million b/d respectively.
U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, dropped by 6.0 million barrels from the previous week to 439.7 million barrels, about one percent below the five year average for this time of year.
Total motor gasoline inventories went down by 0.3 million barrels from the previous week and were some 6.0 percent below the five year average for this time of year.
Finished gasoline inventories decreased while blending components inventories increased last week.
Distillate fuel inventories rose by 0.3 million barrels last week, about 16 percent below the five year average for this time of year.
Propane/propylene inventories went up 0.7 million barrels last week, about 21 percent above the five year average for this time of year.
Total commercial petroleum inventories fell by 7.4 million barrels last week.
Total products supplied over the last four week period averaged 20.9 million b/d, up by 3.8 percent from the same period last year.
Over the past four weeks, motor gasoline product supplied averaged 9.0 million b/d, down by 0.9 percent from the same period last year.
Distillate fuel product supplied averaged 3.7 million b/d over the past four weeks, down by 2.1 percent from the same period last year.
Jet fuel product supplied was up 4.6 percent compared with the same four week period last year.