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U.S. crude supplies up, other petroleum data mixed

Jul 13, 2023

Houston [US], July 13: U.S. crude oil refinery inputs averaged 16.7 million barrels per day (b/d) during the week ending July 7, 630,000 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 93.7 percent of their operable capacity last week, said the Weekly Petroleum Data Report.
Gasoline production fell and distillate fuel production rose last week, averaging 10.1 million b/d and and 5.1 million b/d respectively.
U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, went up by 5.9 million barrels from the previous week to 458.1 million barrels, approximately 1 percent above the five-year average for this time of year.
Total motor gasoline inventories went down slightly from the previous week and were some 7 percent below the five-year average for this time of year.
Finished gasoline inventories surged while blending components inventories dropped last week.
Distillate fuel inventories rose by 4.8 million barrels last week, and were about 14 percent below the five-year average for this time of year.
Propane/propylene inventories went up 2.7 million barrels last week, and about 26 percent above the five-year average for this time of year.
Total commercial petroleum inventories soared by 17 million barrels last week.
Total products supplied over the last four-week period averaged 20.3 million b/d, up by 2.8 percent from the same period last year.
Over the past four weeks, motor gasoline product supplied averaged 9.3 million b/d, up by 6.1 percent from the same period last year.
Distillate fuel product supplied averaged 3.5 million b/d over the past four weeks, down by 7.3 percent from the same period last year.
Jet fuel product supplied was up 10.5 percent compared with the same four-week period last year.
Source: Xinhua