US crude oil inventories for the week ended Oct. 30, excluding the Strategic Petroleum Reserve, decreased by 900,000 bbl from the previous week, according to data from the US Energy Information Administration (EIA).

At 409.8 million bbl, US crude oil inventories are 4% below the 5-year average for this time of year, the EIA report indicated.

Gasoline inventories decreased 200,000 bbl, 2% below the 5-year average. Propane-propylene inventories decreased 1.6 million bbl, 10% above the 5-year average. Total commercial petroleum inventories decreased by 8.2 million bbl for the week. Distillate inventories decreased 3.6 million bbl, 13% below the 5-year average.

US crude oil refinery inputs averaged 16.7 million b/d for the week ended Oct. 30, which was 199,000 b/d more than the previous week’s average. Refineries operated at 94.5% of capacity.

Gasoline output averaged 9.7 million b/d, and distillate production decreased to 5.2 million b/d.

Crude oil imports decreased 1,000 b/d to 6.4 million b/d. The 4-week average of 6.1 million b/d is 9.5% above the year-ago level. Gasoline imports averaged 351,000 b/d; distillate imports averaged 117,000 b/d.

Over the past four weeks, total product supplied averaged 21.2 million b/d, up 4.2% year over year. The 4-week average for gasoline product supplied decreased 0.4% year over year to 8.6 million b/d, while the 4-week average for distillate product supplied increased 8.7% to 4.2 million b/d. The 4-week average for jet fuel product supplied decreased 2.8% year over year.