US crude oil inventories for the week ended Sept. 9, excluding the Strategic Petroleum Reserve, increased by 2.4 million bbl from the previous week, according to data from the US Energy Information Administration.
At 429.6 million bbl, US crude oil inventories are about 2% below the 5-year average for this time of year, the EIA report indicated.
EIA said total motor gasoline inventories decreased by 1.8 million bbl from last week and are about 6% below the 5-year range for this time of year. Finished gasoline inventories and blending component inventories both decreased last week. Distillate fuel inventories increased by 4.2 million bbl and are about 21% below the 5-year average for this time of year.
Propane-propylene inventories increased by 3.8 million bbl from last week and are about 6% below the 5-year average for this time of year, EIA said.
US refinery inputs averaged 16.0 million b/d for the week ended Sept. 9, about 94,000 b/d more than the previous week’s average. Refineries operated at 91.5% of capacity.
Gasoline production decreased, averaging 9.5 million b/d. Distillate fuel production decreased, averaging 5.0 million b/d.
US crude oil imports averaged 5.8 million b/d, down 988,000 b/d from the previous week. Over the last 4 weeks, crude oil imports averaged 6.2 million b/d, 2.6% more than the same period last year. Total motor gasoline imports averaged 522,000 b/d. Distillate fuel imports averaged 125,000 b/d.
