The EIA weekly report:
- US crude oil in storage decreased by 8.0 million bbls, vs a 9.0-million-bbl increase last week;
- US crude oil in storage now stands at 413.7 million bbls; 15% below the five-year average;
- US imported 5.8 million bbls per day last week; down by 159,000 bbls per day; over the past four week weeks, crude oil imports have averaged about 6.1 million bbls per day (yawn);
- US refiners now operating at 91.0% of their operable capacity last week;
- distillate inventories decreased by another 2.7 million bbls last week; inventories are now 20% below the five-year average;
- jet fuel delivered was up 15.7% compared with the same four-week period last year.
Distillate fuel:
Distillate Fuel |
Date of Report |
Change in Millions |
Relative to 5-Year average |
Week 77 |
February 9, 2022 |
0.90 |
-19.0% |
Week 78 |
February 16, 2022 |
-1.60 |
-19.0% |
Week 79 |
February 24, 2022 |
-0.60 |
-18.0% |
Week 80 |
March 2, 2022 |
-0.60 |
-16.0% |
Week 81 |
March 9, 2022 |
-5.20 |
-18.0% |
Week 82 |
March 16, 2022 |
0.03 |
-16.0% |
Week 83 |
March 23, 2022 |
-2.10 |
-17.0% |
Week 84 |
March 30, 2022 |
1.40 |
-16.0% |
Week 85 |
April 6, 2022 |
0.80 |
-15.0% |
Week 86 |
April 13, 2022 |
-2.90 |
-17.0% |
Week 87 |
April 20, 2022 |
-2.70 |
-20.0% |
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