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

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

Source: Xinhua| 2022-06-30 05:53:59|Editor:

HOUSTON, June 29 (Xinhua) -- U.S. crude oil refinery inputs averaged 16.7 million barrels per day (b/d) during the week ending June 24, 403,000 b/d more than the previous week's average, according to the weekly report issued by the U.S. Energy Information Administration (EIA) on Wednesday.

Refineries operated at 95 percent of their operable capacity last week, said the Weekly Petroleum Data report.

During the same period, gasoline production surged while distillate fuel production fell, averaging 9.5 million b/d and 5.1 million b/d respectively.

U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, went down by 2.8 million barrels from the previous week to 415.6 million barrels, about 13 percent below the five year average for this time of year.

Also in last week, total motor gasoline inventories increased by 2.6 million barrels, about 8 percent below the five year average for this time of year.

Finished gasoline inventories decreased and blending components inventories increased last week.

Distillate fuel inventories went up by 2.6 million barrels last week, some 20 percent below the five year average for this time of year.

Propane/propylene inventories rose by 0.1 million barrels last week, about 16 percent below the five year average for this time of year.

Total commercial petroleum inventories increased by 6.3 million barrels last week.

Total products supplied over the last four week period averaged 20.0 million b/d, down by 0.1 percent from the same period last year.

Over the past four weeks, motor gasoline product supplied averaged 8.9 million b/d, down by 2 percent from the same period last year.

Distillate fuel product supplied averaged 3.7 million b/d over the past four weeks, down by 7.4 percent from the same period last year.

Jet fuel product supplied was up 17.1 percent compared with the same four week period last year.

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