Wednesday, May 3, 2023

EIA Weekly Petroleum Data -- May 3, 2023

Locator: 44530EIA.   

Link here.

  • US crude oil in storage decreased by 1.3 million bbls; 459.6 million bbls in storagge; 2% below 5-year average as we enter the driving season;
  • refiners are operating at 90.7%;
  • both gasoline and distillate fuel production decreased last week;
  • crude oil imports have been increasing about 5% over the historical "norm";
  • distillate fuel inventories decreased by 1.2 million bbls
  • jet fuel product supplied was up 1%

Note: the weekly report has added a new paragraph or two -- price data. 


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