Wednesday 15 January 2014

EIA Summary Weekly Petroleum Data for week ending January 10th 2014

Summary of Weekly Petroleum Data for the Week Ending January 10, 2014

U.S. crude oil refinery inputs averaged 15.7 million barrels per day during the week
ending January 10, 2014, 403 thousand barrels per day lower than the previous week’s
average. Refineries operated at 90.0% of their operable capacity last week. Gasoline
production decreased last week, averaging over 8.3 million barrels per day. Distillate fuel
production decreased last week, averaging 4.7 million barrels per day.

U.S. crude oil imports averaged 6.9 million barrels per day last week, down by 1.1
million barrels per day from the previous week. Over the last four weeks, crude oil
imports averaged 7.4 million barrels per day, 5.3% below the same four-week period last
year. Total motor gasoline imports (including both finished gasoline and gasoline
blending components) last week averaged 405 thousand barrels per day. Distillate fuel
imports averaged 208 thousand barrels per day last week.
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum
Reserve) decreased by 7.7 million barrels from the previous week. At 350.2 million
barrels, U.S. crude oil inventories are near the upper limit of the average range for this
time of year. Total motor gasoline inventories increased by 6.2 million barrels last week,
and are in the middle of the average range. Finished gasoline inventories decreased last
week while blending components inventories increased last week. Distillate fuel
inventories decreased by 1.0 million barrels last week and are below the lower limit of
the average range for this time of year. Propane/propylene inventories fell 3.8 million
barrels last week and are well below the lower limit of the average range. Total
commercial petroleum inventories decreased by 10.3 million barrels last week.

Total products supplied over the last four-week period averaged 19.1 million barrels per
day, up by 4.2% from the same period last year. Over the last four weeks, motor gasoline
product supplied averaged 8.6 million barrels per day, up by 2.7% from the same period
last year. Distillate fuel product supplied averaged 3.6 million barrels per day over the
last four weeks, up by 5.4% from the same period last year. Jet fuel product supplied is
up 11.9% compared to the same four-week period last year.

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