EIA weekly petroleum report: link here.
- US crude oil in storage: 507.8 million bbls;
- US crude oil in storage decreased by 4.7 million bbls, week-over-week;
- US crude oil imports: 5.9 million bpd, up by 185,000 bpd from the previous week; about 16.9% less than the wame four-week period last year;
- refiners operating at 82.0% capacity;
- distillate fuel production increase last week, averaging 5.1 million bpd
- distillate inventories increased by 1.4 million bbls, now 24% above the five-year average for this time of year;
- jet fuel supplied was down 45.7% compared with same four-week period last year
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Homework Due This Morning
Fast and furious -- getting it in before it's due at 10:00 a.m.
