RUS | ENG | All
Enter the email or login, that you used for registration.
If you do not remember your password, simply leave this field blank and you will receive a new, along with a link to activate.

Not registered yet?
Welcome!

2022-03-03 14:05:00

U.S. OIL INVENTORIES DOWN BY 2.6 MB TO 413.4 MB

U.S. OIL INVENTORIES DOWN BY 2.6 MB TO 413.4 MB

U.S. EIA -  Mar. 2, 2022  - Data for week ending  Feb. 25, 2022

Summary of Weekly Petroleum Status Report       

U.S. crude oil refinery inputs averaged 15.4 million barrels per day during the week ending February 25, 2022 which was 153,000 barrels per day more than the previous week’s average. Refineries operated at 87.7% of their operable capacity last week. Gasoline production increased last week, averaging 9.3 million barrels per day. Distillate fuel production increased last week, averaging 4.7 million barrels per day.

U.S. crude oil imports averaged 5.8 million barrels per day last week, decreased by 1.1 million barrels per day from the previous week. Over the past four weeks, crude oil imports averaged about 6.2 million barrels per day, 9.4% more than the same four-week period last year. Total motor gasoline imports (including both finished gasoline and gasoline blending components) last week averaged 603,000 barrels per day, and distillate fuel imports averaged 403,000 barrels per day.

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 2.6 million barrels from the previous week. At 413.4 million barrels, U.S. crude oil inventories are about 12% below the five year average for this time of year. Total motor gasoline inventories decreased by 0.5 million barrels last week and are about 1% below the five year average for this time of year. Finished gasoline inventories increased while blending components inventories decreased last week. Distillate fuel inventories decreased by 0.6 million barrels last week and are about 16% below the five year average for this time of year. Propane/propylene inventories decreased by 0.8 million barrels last week and are about 20%  below the five year average for this time of year. Total commercial petroleum inventories decreased by 3.9 million barrels last week. 

Total products supplied over the last four-week period averaged 21.7 million barrels a day, up by 11.0% from the same period last year. Over the past four weeks, motor gasoline product supplied averaged 8.8 million barrels a day, up by 11.0% from the same period last year. Distillate fuel product supplied averaged 4.3 million barrels a day over the past four weeks, up by 5.0% from the same period last year. Jet fuel product supplied was up 24.5% compared with the same four-week period last year. 

The West Texas Intermediate crude oil price was $91.68 per barrel on February 25, 2022, $0.42 above last week’s price and $30.13 more than a year ago. The spot price for conventional gasoline in the New York Harbor was $2.782 per gallon, $0.039 more than last week’s price and $0.885 above a year ago. The spot price for No. 2 heating oil in the New York Harbor was $2.702 per gallon, $0.043 above last week’s price and $0.983 over a year ago.

The national average retail regular gasoline price increased to $3.608 per gallon on February 28, 2022, $0.078 above last week’s price and $0.897 over a year ago. The national average retail diesel fuel price increased to $4.104 per gallon, $0.049 per gallon more than last week’s price and $1.032 higher than a year ago.

 

Full PDF version

-----


Earlier:

U.S. OIL INVENTORIES DOWN BY 2.6 MB TO 413.4 MB
2022, March, 2, 11:45:00
OIL PRICE: ABOVE $111
Brent rose by as much as $8 and touched as high as $113.02 a barrel, before easing to $111.75, WTI were up $7.24, or 7%, to $110.67 a barrel.
U.S. OIL INVENTORIES DOWN BY 2.6 MB TO 413.4 MB
2022, March, 2, 11:40:00
OPEC+ OIL PRODUCTION: +0.4 MBD
OPEC+ members are attempting to regain pre-pandemic output levels by late 2022 through their monthly easing of quotas, but potential disruptions to Russian oil flows put that plan at risk.
U.S. OIL INVENTORIES DOWN BY 2.6 MB TO 413.4 MB
2022, February, 25, 11:10:00
U.S. OIL INVENTORIES UP BY 4.5 MB TO 416.0 MB
U.S. commercial crude oil inventories increased by 4.5 million barrels from the previous week to 416.0 million barrels.
U.S. OIL INVENTORIES DOWN BY 2.6 MB TO 413.4 MB
2022, February, 24, 12:30:00
OIL PRICE: ABOVE $103
Brent rose to as much as $103.78 a barrel, WTI jumped $5.48, or 6%, to $97.58 a barrel.
U.S. OIL INVENTORIES DOWN BY 2.6 MB TO 413.4 MB
2022, February, 9, 12:25:00
OIL PRICES 2022-23: $87-$68
This dynamic leads to rising global oil inventories from 2Q22 through the end of 2023, and the Brent spot price will fall to an average of $87/b in 2Q22 and $75/b in 4Q22. The Brent price will average $68/b for all of 2023.
U.S. OIL INVENTORIES DOWN BY 2.6 MB TO 413.4 MB
2022, January, 12, 10:35:00
OIL PRICES 2022-23: $75-$68
Brent crude oil spot prices averaged $71 per barrel (b) in 2021, and we forecast Brent prices will average $75/b in 2022 and $68/b in 2023.
U.S. OIL INVENTORIES DOWN BY 2.6 MB TO 413.4 MB
2021, December, 8, 16:10:00
OIL PRICES 2021-22: $71-$70
We expect Brent prices will average $71/b in December and $73/b in the first quarter of 2022 (1Q22). For 2022 as a whole, we expect that growth in production from OPEC+, of U.S. tight oil, and from other non-OPEC countries will outpace slowing growth in global oil consumption, especially in light of renewed concerns about COVID-19 variants. We expect Brent prices will remain near current levels in 2022, averaging $70/b.
All Publications »
Tags: USA, OIL, INVENTORIES
Chronicle:
U.S. OIL INVENTORIES DOWN BY 2.6 MB TO 413.4 MB
2022, May, 27, 12:14:00
WORLD GAS CONFERENCE 2022
The 28th World Gas Conference (WGC 2022) takes place in Daegu, the energy city of Korea in May 2022.
U.S. OIL INVENTORIES DOWN BY 2.6 MB TO 413.4 MB
2022, May, 27, 12:13:00
6TH ANNUAL LNG SUMMIT USA
The 6th Edition of Wisdom’s Much Acclaimed Annual LNG Summit Will Be Held Live in Houston - PREPARING THE INDUSTRY FOR THE RISE IN DEMAND FOR LNG
U.S. OIL INVENTORIES DOWN BY 2.6 MB TO 413.4 MB
2022, May, 27, 12:10:00
ЭНЕРГОРЕСУРСЫ ДЛЯ ЕАЭС
Николай Шульгинов подчеркнул, что для обеспечения энергетической безопасности энергосистем Центральной Азии необходима совместная разработка мер нормативного, организационного и технического характера.
U.S. OIL INVENTORIES DOWN BY 2.6 MB TO 413.4 MB
2022, May, 27, 12:05:00
UAE, INDIA ENERGY COOPERATION
The UAE’s expanded cooperation with India in the area of climate aims to support India’s ambition to achieve 450 gigawatts (GW) of renewable energy installed capacity by 2030 and aligns with the UAE’s ambitions to expand its low and zero-carbon energy capabilities.
U.S. OIL INVENTORIES DOWN BY 2.6 MB TO 413.4 MB
2022, May, 27, 12:00:00
U.S. OIL INVENTORIES DOWN BY 1.0 MB TO 419.8 MB
U.S. commercial crude oil inventories decreased by 1.0 million barrels to 419.8 million barrels.
U.S. OIL INVENTORIES DOWN BY 2.6 MB TO 413.4 MB
2022, May, 26, 12:40:00
OIL PRICE: BRENT ABOVE $114, WTI NEAR $111
Brent gained 47 cents, or 0.41%, to $114.50 a barrel , WTI climbed 53 cents, or 0.48%, to $110.86 a barrel.
U.S. OIL INVENTORIES DOWN BY 2.6 MB TO 413.4 MB
2022, May, 26, 12:35:00
ВЗАИМОДЕЙСТВИЕ РОССИИ, ИРАНА
Важную роль в развитии двусторонних отношений играют флагманские проекты сотрудничества, продолжил вице-премьер, такие как строительство атомной электростанции «Бушер» и теплоэлектростанции «Сирик».
All Publications »