EIA: US crude inventories up 1.1 million bbl

US crude oil inventories for the week ended Sept. 13, excluding the Strategic Petroleum Reserve, increased 1.1 million bbl from the previous week, according to data from the US Energy Information Administration.

US crude oil inventories for the week ended Sept. 13, excluding the Strategic Petroleum Reserve, increased 1.1 million bbl from the previous week, according to data from the US Energy Information Administration.

Separately, the American Petroleum Institute said its own estimates showed US crude inventories increased 592,000 bbl for the week.

At 417.1 million bbl, US crude oil inventories are 2% below the 5-year average for this time of year, the EIA report indicated.

EIA said total motor gasoline inventories increased 800,000 bbl and are 4% above the 5-year range for this time of year. Finished gasoline inventories decreased while blending component inventories increased last week. Distillate fuel inventories increased 400,000 bbl and are about 6% below the 5-year average for this time of year.

Propane-propylene inventories increased 2.9 million bbl last week and are about 16% above the 5-year average for this time of year, EIA said.

US refinery inputs averaged 16.7 million b/d for the week ended Sept. 13, about 788,000 b/d less than the previous week’s average. Refineries operated at 91.2% of capacity.

Gasoline production decreased, averaging 9.5 million b/d. Distillate fuel production decreased, averaging 5.1 million b/d.

US crude oil imports averaged 7.1 million b/d, up 326,000 b/d from the previous week. Over the last 4 weeks, crude oil imports averaged 6.7 million b/d. Total motor gasoline imports averaged 501,000 b/d. Distillate fuel imports averaged 142,000 b/d.

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