2019-03-22 10:20:00
U.S. OIL INVENTORIES DOWN 9.6 MB
OGJ - US crude oil inventories for the week ended Mar. 15, excluding the Strategic Petroleum Reserve, decreased 9.6 million bbl from the previous week, data from the US Energy Information Administration showed.
At 439.5 million bbl, US crude oil inventories are about 2% below the 5-year average for this time of year, the report indicated.
Separately, the American Petroleum Institute said its own estimates showed US crude inventories decreased by 2.1 million bbl for the week.
EIA said total motor gasoline inventories decreased by 4.6 million bbl and are about 2% above the 5-year range. Finished gasoline inventories and blending components inventories both decreased last week. Distillate fuel inventories decreased by 4.1 million bbl and are about 4% below the 5-year average for this time of year.
Propane-propylene inventories increased by 1 million bbl last week and are about 14% above the 5-year average for this time of year, EIA said.
US refinery inputs averaged 16.2 million b/d for the week ended Mar. 15, about 178,000 b/d more than the previous week's average. Refineries operated at 88.9% of capacity.
Gasoline production increased, averaging 9.9 million b/d. Distillate fuel production increased, averaging 4.9 million b/d.
US crude oil imports averaged 6.9 million b/d, up by 186,000 b/d from the previous week. Over the last 4 weeks, crude oil imports averaged 6.6 million b/d, 11.2% less than the same period last year. Total motor gasoline imports averaged 793,000 b/d. Distillate fuel imports averaged 102,000 b/d.
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Earlier:
2019, March, 20, 11:05:00
U.S. OIL WILL UP
IEA - The United States will drive global oil supply growth over the next five years thanks to the remarkable strength of its shale industry, triggering a rapid transformation of world oil markets
2019, March, 20, 11:00:00
U.S. PRODUCTION: OIL + 85 TBD, GAS + 883 MCFD
U.S. EIA - Crude oil production from the major US onshore regions is forecast to increase 85,000 b/d month-over-month in April from 8,507 to 8,592 thousand barrels/day , gas production to increase 883 million cubic feet/day from 78,137 to 79,020 million cubic feet/day .
2019, March, 15, 10:35:00
U.S. GAS PRODUCTION RECORD
U.S. natural gas production grew by 10.0 billion cubic feet per day (Bcf/d) in 2018, an 11% increase from 2017. The growth was the largest annual increase in production on record, reaching a record high for the second consecutive year
2019, March, 15, 10:30:00
LNG U.S. ACCELERATION
Exports of liquefied natural gas (LNG) from the U.S. continue to rise, as the use of natural gas for power generation increases in countries such as China, South Korea, Japan, and Mexico.
