Weekly EIA data:
- US crude oil inventories increased by 2.4 million bbls from the previous week.
- US crude oil in storage now stands at 416.2 million bbls, 8% below the five-year average.
- US crude oil imports averaged 6.2 million bbls per day, decreased by 0.5 million bbls per day from the previous week; crude oil imports averaged 6.2 million bbls per day
- US refiners are operating at 87.7% of their operable capacity last week; no sense of urgency;
- Distillate inventories decreased by 2.8 million bbls; 17% below their five-year average;
- Jet fuel supplied was up 24.5% compared with same four-week period last year;
Distillate fuel inventories:
