EIA Weekly Petroleum Report -- March 23, 2022

Link here.

• 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.