US commercial crude oil inventories, excluding the Strategic Petroleum Reserve, decreased 900,000 bbl during the week ended Apr. 28 to a total of 527.8 million bbl, the US Energy Information Administration said in its most recent weekly Petroleum Status Report.
Total motor gasoline inventories increased 200,000 bbl, which EIA described as being near the upper limit of the average range. Finished gasoline inventories decreased while blending components inventories increased.
Distillate fuel inventories decreased 600,000 bbl but are in the upper half of the average range for this time of year. Propane-propylene inventories increased slightly but remained virtually unchanged from last week and are in the lower half of the average range.
US refinery inputs averaged about 17.2 million b/d during the week ended Apr. 28. EIA said that was 108,000 b/d less than the previous week’s average. Refineries operated at 93.3% of capacity for the week ended Apr. 28.
Gasoline production increased, averaging 9.8 million b/d. Distillate fuel production increased last week, averaging 5.1 million b/d.
US crude oil imports averaged 8.3 million b/d, down by 648,000 b/d from the previous week. Over the last 4 weeks, crude oil imports averaged more than 8.2 million b/d, 4.9% above the same 4-week period last year.
Total motor gasoline imports, including both finished gasoline and gasoline blending components, averaged 693,000 b/d. Distillate fuel imports averaged 112,000 b/d.