US commercial crude oil inventories, excluding the Strategic Petroleum Reserve, increased 5.7 million bbl for the week ended Oct. 25, the US Energy Information Administration reported.
The latest crude oil inventory total was 438.9 million bbl, putting crude supplies 1% above the 5-year average for this time of year, EIA said.
Total motor gasoline inventories decreased by 3 million bbl and are 2% above the 5-year average for this time of year. Finished gasoline and blending components inventories both decreased last week.
US refinery inputs averaged 16 million b/d during the week ended Oct. 25, which was 133,000 b/d more than the previous week’s average. Refineries operated at 87.7% of capacity.
US crude oil imports averaged 6.7 million b/d, up 840,000 b/d from the previous week. Over the last 4 weeks, crude oil imports averaged 6.3 million b/d, 16.5% less than the same 4-week period a year ago.
Distillate fuel inventories decreased by 1 million bbl last week and are about 11% below the 5-year average for this time of year. Propane and propylene inventories decreased by 100,000 bbl last week and are about 12% above the 5-year average for this time of year.
Total motor gasoline imports, including both finished gasoline and gasoline blending components, averaged 673,000 b/d. Distillate fuel imports averaged 158,000 b/d for the week ended Oct. 25, EIA said.
