FMX | Connect – www.fmxconnect.com - (Reported 11/24/2010)
Refinery utilization: 85.5 - 1.50%
Distillates: 159.2 mil – -0.5
Gasoline: 216.6 mil – 1.9
Crude: 358.6 mil – 1.00
Summary of Weekly Petroleum Data for the Week Ending November 19, 2010
U.S. crude oil refinery inputs averaged 14.3 million barrels per day during the week ending November 19, 9 thousand barrels per day above the previous week’s average. Refineries operated at 85.5 percent of their operable capacity last week. Gasoline production increased slightly last week, averaging 8.9 million barrels per day. Distillate fuel production increased last week, averaging 4.4 million barrels per day.
U.S. crude oil imports averaged 9.0 million barrels per day last week, up by 1.2 million barrels per day from the previous week. Over the last four weeks, crude oil imports have averaged 8.4 million barrels per day, 189 thousand barrels per day below the same fourweek period last year. Total motor gasoline imports (including both finished gasoline and gasoline blending components) last week averaged 784 thousand barrels per day. Distillate fuel imports averaged 130 thousand barrels per day last week.
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 1.0 million barrels from the previous week. At 358.6 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 1.9 million barrels last week and are in the upper half of the average range. Both finished gasoline inventories and blending components inventories increased last week. Distillate fuel inventories decreased by 0.5 million barrels and are above the upper boundary of the average range for this time of year. Propane/propylene inventories decreased by 0.5 million barrels last week and are in the lower half of the average range. Total commercial petroleum inventories decreased by 0.3 million barrels last week.
Total products supplied over the last four-week period has averaged 19.1 million barrels per day, up by 2.4 percent compared to the similar period last year. Over the last four weeks, motor gasoline demand has averaged 9.0 million barrels per day, down by 0.3 percent from the same period last year. Distillate fuel demand has averaged 4.0 million barrels per day over the last four weeks, up by 11.9 percent from the same period last year. Jet fuel demand is 1.3 percent lower over the last four weeks compared to the same
four-week period last year.
Source: EIA
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