Roundup: U.S. crude supplies down, other petroleum data mixed-Xinhua

Roundup: U.S. crude supplies down, other petroleum data mixed

Source: Xinhua

Editor: huaxia

2023-09-28 04:59:30

HOUSTON, Sept. 27 (Xinhua) -- U.S. crude oil refinery inputs averaged 16.1 million barrels per day (b/d) during the week ending Sept. 22, 239,000 b/d less than the previous week's average, according to a weekly report issued by the U.S. Energy Information Administration on Wednesday.

Refineries operated at 89.5 percent of their operable capacity last week, said the Weekly Petroleum Data report.

During that period, gasoline production rose and distillate fuel production fell, averaging 9.1 million b/d and 4.9 million b/d respectively.

U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, dropped by 2.2 million barrels from the previous week to 416.3 million barrels, about 4.0 percent below the five-year average for this time of year.

Total motor gasoline inventories went up by 1.0 million barrels from the previous week and were some 2.0 percent below the five-year average for this time of year.

Finished gasoline inventories decreased, while blending components inventories increased last week.

Distillate fuel inventories rose by 0.4 million barrels last week, about 13 percent below the five-year average for this time of year.

Propane/propylene inventories went up 0.7 million barrels from last week, about 19 percent above the five-year average for this time of year.

Total commercial petroleum inventories dropped by 1.5 million barrels last week.

Total products supplied over the last four-week period averaged 20.6 million b/d, up by 4.2 percent from the same period last year.

Over the past four weeks, motor gasoline product supplied averaged 8.7 million b/d, up by 0.8 percent from the same period last year.

Distillate fuel product supplied averaged 3.9 million b/d over the past four weeks, up by 8.6 percent from the same period last year.

Jet fuel product supplied was up 9.9 percent compared with the same four-week period last year.