Refineries operated at 87.7 percent of their operable capacity last week. Gasoline production increased last week, averaging 8.9 million barrels per day. Distillate fuel production increased last week, averaging 4.8 million barrels per day.
Excluding those in the Strategic Petroleum Reserve, U.S. commercial crude oil inventories went up by 2.4 million barrels from the previous week. At 416.2 million barrels, U.S. crude oil inventories are about 8 percent below the five year average for this time of year.
Total motor gasoline inventories increased by 1.3 million barrels last week, about 2 percent below the five year average for this time of year.
Finished gasoline and blending components inventories both increased last week. Meanwhile, distillate fuel inventories fell by 2.8 million barrels, about 17 percent below the five year average for this time of year.
Propane/propylene inventories went down by 4.6 million barrels last week, about 9 percent below the five year average for this time of year. Total commercial petroleum inventories decreased by 4.1 million barrels last week.
Over the last four-week period, total products supplied averaged 21.2 million barrels a day, up by 11.6 percent from the same period last year.
Over the past four weeks, motor gasoline product supplied averaged 8.2 million barrels a day, up by 6.1 percent from the same period last year. Distillate fuel product supplied averaged 4.2 million barrels a day over the past four weeks, up by 14.5 percent from the same period last year. Jet fuel product supplied rose by 24.5 percent compared with the same period last year.
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