Summary of Weekly Petroleum Data for the Week Ending June 7, 2013
U.S. crude oil refinery inputs averaged over 15.2 million barrels per day during the week ending June 7, 2013, 225 thousand barrels per day below the previous week’s average. Refineries operated at 87.5 percent of their operable capacity last week. Gasoline production decreased last week, averaging 9.2 million barrels per day. Distillate fuel production decreased last week, averaging 4.7 million barrels per day.
U.S. crude oil imports averaged under 7.9 million barrels per day last week, up by 582 thousand barrels per day from the previous week. Over the last four weeks, crude oil imports have averaged about 7.8 million barrels per day, about 1.2 million barrels per day below the same four-week period last year. Total motor gasoline imports (including both finished gasoline and gasoline blending components) last week averaged 692 thousand barrels per day. Distillate fuel imports averaged 52 thousand barrels per day last week.
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 2.5 million barrels from the previous week. At 393.8 million barrels, U.S. crude oil inventories are above the upper limit of the average range for this time of year. Total motor gasoline inventories increased by 2.7 million barrels last week and are also above the upper limit of the average range. Both finished gasoline inventories and blending components inventories increased last week. Distillate fuel inventories decreased by 1.2 million barrels last week and remained in the lower half of the average range for this time of year. Propane/propylene inventories increased by 3.3 million barrels last week, and are in the upper half of the average range. Total commercial petroleum inventories increased by 12.8 million barrels last week.
Total products supplied over the last four-week period have averaged under 18.5