U.S. crude oil refinery inputs averaged 15.2 million barrels per day (b/d) during the week ending Oct. 20, 206,000 b/d less than previous week’s average, according to the weekly report issued by the U.S. Energy Information Administration (EIA) on Wednesday.
Refineries operated at 85.6 percent of their operable capacity last week, said the Weekly Petroleum Data Report.
During the same period, both gasoline and distillate fuel production went up, averaging 9.8 million b/d and 4.7 million b/d respectively.
U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, surged by 1.4 million barrels from the previous week to 421.1 million barrels, about 5.0 percent below the five-year average for this time of year.
Total motor gasoline inventories rose by 0.2 million barrels from the previous week and were some 1.0 percent above the five-year average for this time of year.
Finished gasoline inventories went up while blending components inventories went down last week.
Distillate fuel inventories fell by 1.7 million barrels last week, about 12 percent below the five-year average for this time of year.
Propane/propylene inventories went up by 0.1 million barrels last week, about 18 percent above the five-year average for this time of year.
Total commercial petroleum inventories dropped by 0.5 million barrels last week.
Total products supplied over the last four-week period averaged 20.2 million b/d, down by 0.8 percent from the same period last year.
Over the past four weeks, motor gasoline product supplied averaged 8.6 million b/d, down by 2.7 percent from the same period last year.
Distillate fuel product supplied averaged 4.0 million b/d over the past four weeks, down by 2.8 percent from the same period last year.
Jet fuel product supplied was up 5.0 percent compared with the same four-week period last year.