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Roundup: U.S. crude supplies up, other petroleum data mixed last week

HOUSTON
2022-05-12 07:44

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HOUSTON, May 11 (Xinhua) -- U.S. crude oil refinery inputs averaged 15.7 million barrels per day (b/d) during the week ending May 6, 230,000 b/d more than the previous week's average, according to the weekly report issued by the U.S. Energy Information Administration (EIA) on Wednesday.

Refineries operated at 90 percent of their operable capacity last week.

Both gasoline and distillate fuel production increased last week, averaging 9.7 million b/d and 4.9 million b/d respectively.

U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, went up by 8.5 million barrels from the previous week to 424.2 million barrels, about 13 percent below the five year average for this time of year.

Total motor gasoline inventories decreased by 3.6 million barrels and were about 5 percent below the five year average for this time of year.

Finished gasoline inventories rose while blending components inventories fell.

Distillate fuel inventories decreased by 0.9 million barrels, some 23 percent below the five year average for this time of year.

Propane/propylene inventories surged by 3.4 million barrels, about 8 percent below the five year average for this time of year.

Total commercial petroleum inventories increased by 9.9 million barrels last week.

Total products supplied over the last four week period averaged 19.4 million b/d, up by 1.6 percent from the same period last year.

Over the past four weeks, motor gasoline product supplied averaged 8.8 million b/d, down by 1.4 percent from the same period last year. Distillate fuel product supplied averaged 3.8 million b/d over the past four weeks, down by 5.5 percent from the same period last year.

Jet fuel product supplied was up 26.9 percent compared with the same four week period last year.
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