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Crude Inventory Decreases by 2.5 Million Barrels
U.S. crude oil refinery inputs averaged 16.7 million barrels per day during the week ending January 12, 2024, which was 135 thousand barrels per day more than the previous week’s average. Refineries operated at 92.6% of their operable capacity last week. Gasoline production decreased last week, averaging 9.4 million barrels per day. Distillate fuel production decreased last week, averaging 4.9 million barrels per day. U.S. crude oil imports averaged 7.4 million barrels per day last week, increased by 1.2 million barrels per day from the previous week. Over the past four weeks, crude oil imports averaged about 6.7 ... (full story)