EIA: US crude oil inventories about 7.1% below 5-year average

EIA said total motor gasoline inventories increased by 2.1 million barrels from last week and are 5% below the 5-year average for this time of year.

US crude oil inventories for the week ended June 19, 2026, excluding those in the Strategic Petroleum Reserve, decreased by 6.1 million barrels from the previous week, according to US Energy Information Administration (EIA) data.

At 412.1 million barrels, US crude oil inventories are about 7% below the 5-year average for this time of year, the EIA reported.

EIA said total motor gasoline inventories increased by 2.1 million barrels from last week and are 5% below the 5-year average for this time of year. Both finished gasoline and blending component inventories increased last week. Distillate fuel inventories increased by 3.1 million barrels last week and are about 10% below the 5-year average for this time of year.

Propane/propylene inventories increased by 2.6 million barrels from last week and are 35% above the 5-year average for this time of year, EIA said.

US crude oil refinery inputs averaged 17.1 million b/d during the week ending June 19, which was 81,000 b/d less than the previous week’s average. Refineries operated at 96.1% of capacity.

Gasoline production decreased, averaging 9.5 million b/d. Distillate fuel production increased, averaging 5.2 million b/d.

U.S. crude oil imports averaged 5.6 million b/d, up by 436,000 b/d from the previous week. Over the past 4 weeks, crude oil imports averaged about 5.7 million barrels per day, 4.1% less than the same 4-week period last year. Total motor gasoline imports averaged 647,000 b/d. Distillate fuel imports averaged 135,000 b/d.

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