Compiled by Tyler Losier, Vitality Reporter, Oil & Gasoline 360
Weekly Crude Oil Storage as of August 9, 2019
U.S. industrial crude oil inventories (excluding these within the Strategic Petroleum Reserve) elevated by 1.6 million barrels from the earlier week. At 440.5 million barrels, U.S. crude oil inventories are about 3% above the 5 yr common for this time of yr, in accordance with the EIA crude oil and petroleum weekly storage knowledge, reporting inventories as of August 9, 2019.
Abstract of weekly petroleum knowledge for the week ending August 9, 2019
U.S. crude oil refinery inputs averaged 17.Three million barrels per day in the course of the week ending August 9, 2019, which was 475,000 barrels per day lower than the earlier week’s common. Refineries operated at 94.8% of their operable capability final week.
- Gasoline manufacturing decreased final week, averaging 10.2 million barrels per day.
- Distillate gas manufacturing decreased final week, averaging 5.1 million barrels per day.
U.S. crude oil imports averaged 7.7 million barrels per day final week, up by 566,000…