- US crude oil in storage stands at 413.4 million bbls; 13% below the five-year-average.
- US crude oil in storage decreased by a moderate 2.5 million bbls.
- US crude oil imports averaged 6.5 million bopd, up by 92,000 bopd (yawn); crude oil imports averaged 6.2 million bopd, 9.1% more than the same four-week period last week.
- US refineries are operating at 91.1% of their operable capacity, the second or third week they've been above 90%.
- distillate fuel inventories decreased again; decreased by 2.1 million bbls and are now 17% below the five-year average; farmers, truckers, east coast watching.
- jet fuel product supplied was up an astounding 43.7% compared with the same four-week period last year.
Items of note;
- distillate fuel; and,
- jet fuel.
Not trivial.
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