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!

2022-06-03 12:40:00

U.S. OIL INVENTORIES DOWN BY 5.1 MB TO 414.7 MB

U.S. OIL INVENTORIES DOWN BY 5.1 MB TO 414.7 MB

U.S. EIA -  June 2, 2022  - Data for week ending  May 27, 2022

Summary of Weekly Petroleum Status Report   

U.S. crude oil refinery inputs averaged 16.0 million barrels per day during the week ending May 27, 2022 which was 236,000 barrels per day less than the previous week’s average. Refineries operated at 92.6% of their operable capacity last week. Gasoline production increased last week, averaging 10.0 million barrels per day. Distillate fuel production decreased last week, averaging 5.0 million barrels per day.

U.S. crude oil imports averaged 6.2 million barrels per day last week, down by 268,000 barrels per day from the previous week. Over the past four weeks, crude oil imports averaged about 6.4 million barrels per day, 7.3% more than the same four-week period last year. Total motor gasoline imports (including both finished gasoline and gasoline blending components) last week averaged 890,000 barrels per day, and distillate fuel imports averaged 263,000 barrels per day.

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 5.1 million barrels from the previous week. At 414.7 million barrels, U.S. crude oil inventories are about 15% below the five year average for this time of year. Total motor gasoline inventories decreased by 0.7 million barrels last week and are about 9% below the five year average for this time of year. Finished gasoline and blending components inventories both decreased last week. Distillate fuel inventories decreased by 0.5 million barrels last week and are about 24% below the five year average for this time of year. Propane/propylene inventories increased by 3.2 million barrels last week and are about 8% below the five year average  for this time of year. Total commercial petroleum inventories increased by  0.6 million barrels last week.

Total products supplied over the last four-week period averaged 19.5 million barrels a day, up by 3.0% from the same period last year. Over the past four weeks, motor gasoline product supplied averaged 8.9 million barrels a day, down by 3.1% from the same period last year. Distillate fuel product supplied averaged 3.9 million barrels a day over the past four weeks, down by 5.4% from the same period last year. Jet fuel product supplied was up 19.0% compared with the same four-week period last year. 

The West Texas Intermediate crude oil price was $114.96 per barrel on May 27, 2022, $2.33 above last week’s price and $48.65 more than a year ago. The spot price for conventional gasoline in the New York Harbor was $4.102 per gallon, $0.184 more than last week’s price and $1.992 above a year ago. The spot price for ultra-low sulfur diesel fuel in the New York Harbor was $4.022 per gallon, $0.018 above last week’s price and $1.982 over a year ago.

The national average retail regular gasoline price increased to $4.624 per gallon on May 30, 2022, $0.031 above last week’s price and $1.597 over a year ago. The national average retail diesel fuel price decreased to $5.539 per gallon, $0.032 per gallon less than last week’s price but $2.284 higher than a year ago.

 

Full PDF version

-----


Earlier:

U.S. OIL INVENTORIES DOWN BY 5.1 MB TO 414.7 MB
2022, June, 2, 11:55:00
OIL PRICE: BRENT NEAR $116, WTI ABOVE 112
Brent was down $2.07, or 1.8%, at $114.22 a barrel, WTI dropped $2.21, or 1.9%, to $113.05 a barrel.
U.S. OIL INVENTORIES DOWN BY 5.1 MB TO 414.7 MB
2022, June, 2, 11:50:00
OPEC OIL PRICE: $122.94
The price of OPEC basket of thirteen crudes stood at $122.94 a barrel on Tuesday,
U.S. OIL INVENTORIES DOWN BY 5.1 MB TO 414.7 MB
2022, June, 2, 11:35:00
OPEC + RUSSIA STRENGTHENING
Meanwhile those with spare capacity – primarily Saudi Arabia and the UAE – have held off on breaching their quotas to maintain OPEC+ unity rather than spark a market share battle.
U.S. OIL INVENTORIES DOWN BY 5.1 MB TO 414.7 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 5.1 MB TO 414.7 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 5.1 MB TO 414.7 MB
2022, May, 19, 13:15:00
U.S. OIL INVENTORIES DOWN BY 3.4 MB TO 420.8 MB
U.S. commercial crude oil inventories decreased by 3.4 million barrels to 420.8 million barrels.
U.S. OIL INVENTORIES DOWN BY 5.1 MB TO 414.7 MB
2022, May, 18, 12:10:00
OPEC OIL PRICE: $117.20
The price of OPEC basket of thirteen crudes stood at $117.20 a barrel on Tuesday
All Publications »
Tags: USA, OIL, INVENTORIES
Chronicle:
U.S. OIL INVENTORIES DOWN BY 5.1 MB TO 414.7 MB
2022, September, 28, 12:14:00
2022 SAUDI PIPELINES INTERNATIONAL CONFERENCE & EXIBITIONS
Eventat Co (a Saudi local company) is hosting the first-ever “2022 Saudi Pipelines International Conference & Exhibitions” from 4-6 October, 2022 at the Dhahran Expo, Dammam (Eastern Province), Kingdom of Saudi Arabia. The three-day conference and exhibition are dedicated to bringing together over “50+ Regional/International speakers, 100+ Sponsors/Exhibitors, 1000+ Delegates and 3000+ Visitors” from around the globe who carry significant interest in enhancing the pipelines lifecycle for the current and future.
U.S. OIL INVENTORIES DOWN BY 5.1 MB TO 414.7 MB
2022, September, 28, 12:13:00
INTERNATIONAL CONGRESS AND EXIBITION TURKEY & BLACK SEA OIL AND GAS
International Congress and Exhibition Turkey & Black Sea Oil and Gas is an international, professional platform, bringing together over 200 C-suite executives from vertically integrated oil companies, general directors, CTOs of oil refineries, gas processing plants and petrochemical facilities, initiators of investment projects on oil and gas extraction from Turkey and countries of the Black Sea area, officials of regulatory authorities, licensors of production technologies and world suppliers for the industry.
U.S. OIL INVENTORIES DOWN BY 5.1 MB TO 414.7 MB
2022, September, 28, 12:12:00
Pipelines In A Sustainable Future And Other Highlights Of TOGC 2023(TOGC 2023)
Transportation Oil and Gas Congress (TOGC) is held on February, 20-21, 2023, Istanbul, Türkiye. During 2 days of intensive networking participants get direct access to the whole pipeline chain. Among the highlights of the program are Panels, show type sessions based on discussion between panelists. They discuss the role of pipelines in a sustainable future, digital transformation and optimization of the pipeline industry, pipeline economics and pipeline integrity, H2 in Gas Grid.
U.S. OIL INVENTORIES DOWN BY 5.1 MB TO 414.7 MB
2022, September, 28, 12:11:00
TRANSPORTATION OIL AND GAS CONGRASS 2023 (TOGC 2023)
Transportation Oil and Gas Congress 2023 (TOGC 2023) takes place on February 20-21, 2023. The Congress brings together representatives from the whole pipeline chain and focuses on both strategic and technical issues of the oil and gas pipeline transportation.
U.S. OIL INVENTORIES DOWN BY 5.1 MB TO 414.7 MB
2022, September, 28, 12:10:00
NORWAY OIL, GAS PRODUCTION 1.998 MBD
Preliminary production figures for August 2022 show an average daily production of 1 998 000 barrels of oil, NGL and condensate.
U.S. OIL INVENTORIES DOWN BY 5.1 MB TO 414.7 MB
2022, September, 28, 12:05:00
U.S. FEDERAL FUNDS RATE 3.00 - 3.25%
The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. In support of these goals, the Committee decided to raise the target range for the federal funds rate to 3 to 3-1/4 percent and anticipates that ongoing increases in the target range will be appropriate.
U.S. OIL INVENTORIES DOWN BY 5.1 MB TO 414.7 MB
2022, September, 28, 12:04:00
9TH INTERNATIONAL LNG CONGRESS LNGCON 2023
9th International LNG Congress (LNGCON 2023) 6-7 March, 2023 Link to the Congress website: https://bit.ly/3tXVmr7
All Publications »