US crude oil inventories for the week ended Sept. 20, excluding the Strategic Petroleum Reserve, increased 2.4 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 1.4 million bbl for the week.
At 419.5 million bbl, US crude oil inventories are at the 5-year average for this time of year, the report indicated.
EIA said total motor gasoline inventories increased 500,000 bbl and are 4% above the 5-year range for this time of year. Finished gasoline inventories increased while blending component inventories decreased last week. Distillate fuel inventories decreased 3 million bbl and are about 7% below the 5-year average for this time of year.
Propane-propylene inventories decreased 1 million bbl last week and are about 15% above the 5-year average for this time of year, EIA said.
US refinery inputs averaged 16.5 million b/d for the week ended Sept. 20, about 193,000 b/d less than the previous week’s average. Refineries operated at 89.8% of capacity.
Gasoline production increased, averaging 10.2 million b/d. Distillate fuel production decreased, averaging 5 million b/d.
US crude oil imports averaged 6.4 million b/d, down 672,000 b/d from the previous week. Over the last 4 weeks, crude oil imports averaged 6.8 million b/d, 13.1% less than the same period last year. Total motor gasoline imports averaged 800,000 b/d. Distillate fuel imports averaged 94,000 b/d.
