-
Crude Inventory Increased 1.8 Millon Barrels Last Week, Says EIA
U.S. crude oil refinery inputs averaged 16.5 million barrels per day during the week ending May 17, 2024, which was 227 thousand barrels per day more than the previous week’s average. Refineries operated at 91.7% of their operable capacity last week. Gasoline production increased last week, averaging 10.0 million barrels per day. Distillate fuel production increased last week, averaging 5.1 million barrels per day. U.S. crude oil imports averaged 6.7 million barrels per day last week, decreased by 81 thousand barrels per day from the previous week. Over the past four weeks, crude oil imports averaged about 6.8 ... (full story)