US Weekly Oil Data

US Inventories, Exports, Imports, and Refinery Utilization (Two Tables and 9 Charts)

MAIN TAKEAWAY

• Crude oil inventories declined slightly and are way lower than what was reported by the API yesterday.  

• No oil was released from the SPR last week.

• Gasoline inventories declined to their lowest level since 2015 for this time of the year.

• The “adjustment” remains a big problem. The total for the week was about 5.8 mb.

IN DETAIL