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Weekly Crude Inventory Data Shows Surprise Draw of 4 Million Barrels
U.S. crude oil refinery inputs averaged 16.4 million barrels per day during the week ending May 3, 2019, which was 41,000 barrels per day less than the previous week’s average. Refineries operated at 88.9% of their operable capacity last week. Gasoline production increased last week, averaging 10.1 million barrels per day. Distillate fuel production decreased last week, averaging 5.1 million barrels per day. U.S. crude oil imports averaged 6.7 million barrels per day last week, down by 721,000 barrels per day from the previous week. Over the past four weeks, crude oil imports averaged about 6.8 million barrels per ... (full story)