US crude oil inventories for the week ended Sept. 23, excluding the Strategic Petroleum Reserve, increased by 200,000 bbl from the previous week, according to data from the US Energy Information Administration.
At 430.6 million bbl, US crude oil inventories are about 2% below the 5-year average for this time of year, the EIA report indicated.
EIA said total motor gasoline inventories decreased by 2.4 million bbl from last week and are about 6% below the 5-year range for this time of year. Finished gasoline inventories increased but blending component inventories decreased. Distillate fuel inventories decreased by 2.9 million bbl and are about 20% below the 5-year average for this time of year.
Propane-propylene inventories increased by 1.6 million bbl from last week and are about 2% below the 5-year average for this time of year, EIA said.
US refinery inputs averaged 15.6 million b/d for the week ended Sept. 23, about 604,000 b/d less than the previous week’s average. Refineries operated at 90.6% of capacity.
Gasoline production increased, averaging 9.6 million b/d. Distillate fuel production decreased, averaging 5.0 million b/d.
US crude oil imports averaged 6.4 million b/d, down 500,000 b/d from the previous week. Over the last 4 weeks, crude oil imports averaged 6.5 million b/d, 5.6% more than the same period last year. Total motor gasoline imports averaged 525,000 b/d. Distillate fuel imports averaged 94,000 b/d.