US crude oil inventories, excluding the Strategic Petroleum Reserve, increased by 6 million bbl for the week ended Oct. 5, according to data from the US Energy Information Administration.
EIA released the Weekly Petroleum Status Report a day later than normal due to the closure of the federal government on Oct. 8.
At 410 million bbl, US crude oil inventories are at the 5-year average for this time of year, the report indicated.
EIA said total motor gasoline inventories increased by 1 million bbl and are about 7% above the 5-year range. Finished gasoline inventories decreased while blending components inventories increased last week. Distillate fuel inventories decreased by 2.7 million bbl last week and are about 4% below the 5-year average for this time of year.
Propane-propylene inventories increased by 1.5 million bbl last week and are about 7% below the 5-year average for this time of year, EIA said.
US refinery inputs averaged 16.2 million b/d for the week ended Oct. 5, about 352,000 b/d less than the previous week’s average. Refineries operated at 88.8% of capacity.
Gasoline production decreased, averaging 9.7 million b/d. Distillate fuel production decreased, averaging 5 million b/d.
US crude oil imports averaged 7.4 million b/d, down by 568,000 b/d from the previous week. Over the last 4 weeks, crude oil imports averaged 7.8 million b/d, 5.3% more than the same period last year. Total motor gasoline imports averaged 693,000 b/d. Distillate fuel imports averaged 187,000 b/d.
