Roundup: U.S. crude supplies down, other petroleum data mixed

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HOUSTON, July 7 (Xinhua) — U.S. crude oil refinery inputs averaged 16.4 million barrels per day (b/d) in the course of the week ending July 1, 228,000 b/d lower than the earlier week’s common, in response to a weekly report issued by the U.S. Energy Information Administration (EIA) on Thursday.

Refineries operated at 94.5 % of their operable capability final week, mentioned the Weekly Petroleum Data report.

During the identical interval, each the gasoline and distillate gasoline manufacturing surged, averaging 10.3 million b/d and 5.4 million b/d respectively.

U.S. business crude oil inventories, excluding these within the Strategic Petroleum Reserve, went up by 8.2 million barrels from the earlier week to 423.8 million barrels, about 10 % beneath the five-year common for this time of yr.

Total motor gasoline inventories declined by 2.5 million barrels, about 8 % beneath the five-year common for this time of yr, whereas completed gasoline inventories rose and mixing parts inventories fell.

Distillate gasoline inventories dropped by 1.3 million barrels final week, about 20 % beneath the five-year common for this time of yr.

Propane/propylene inventories went up by 0.9 million barrels final week, about 16 % beneath the five-year common for this time of yr. Total business petroleum inventories additionally rose by 5.1 million barrels.

Over the final four-week interval, complete merchandise provided averaged 20.0 million b/d, down by 4.4 % from the identical interval final yr.

Motor gasoline product provided averaged 9.0 million b/d over the previous 4 weeks, down by 5.5 % from the identical interval final yr.

Distillate gasoline product provided averaged 3.9 million b/d over the previous 4 weeks, down by 5.3 % from the identical interval final yr.

Jet gasoline product provided was up 15.0 % in contrast with the identical four-week interval final yr.



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