EIA: US commercial crude oil inventories decreased by 5.7 mln barrels

Eren Sengezer FXStreet

Key highlights from the EIA's report's summary of weekly petroleum data for the week ending October 13, 2017:

U.S. crude oil refinery inputs averaged over 15.4 million barrels per day during the week ending October 13, 2017, 819,000 barrels per day less than the previous week’s average.
Refineries operated at 84.5% of their operable capacity last week.
U.S. crude oil imports averaged 7.5 million barrels per day last week, down by 134,000 barrels per day from the previous week.
U.S. commercial crude oil inventories decreased by 5.7 million barrels from the previous week.
Total products supplied over the last four-week period averaged over 19.9 million barrels per day, down by 0.7% from the same period last year.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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