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Crude Inventory +15M Barrels vs +13.8M Expected
U.S. crude oil refinery inputs averaged 12.5 million barrels per day during the week ending April 17, 2020 which was 209,000 barrels per day less than the previous week’s average. Refineries operated at 67.6% of their operable capacity last week. Gasoline production increased last week, averaging 6.2 million barrels per day. Distillate fuel production increased last week, averaging 5.0 million barrels per day. U.S. crude oil imports averaged 4.9 million barrels per day last week, decreased by 0.7 million barrels per day from the previous week. Over the past four weeks, crude oil imports averaged about 5.6 million ... (full story)
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