EIA: US commercial crude oil inventories decreased by 6 mln barrels

Eren Sengezer FXStreet

Key highlights from the EIA's report's summary of weekly petroleum data for the week ending September 29, 2017:

U.S. commercial crude oil inventories decreased by 6.0 million barrels from the previous week.
U.S. crude oil refinery inputs averaged over 16.0 million barrels per day during the week ending September 29, 2017, 145,000 barrels per day less than the previous week’s average.
Refineries operated at 88.1% of their operable capacity last week. Gasoline production remained virtually unchanged last week.
U.S. crude oil imports averaged over 7.2 million barrels per day last week, down by 213,000 barrels per day from the previous week.
Total products supplied over the last four-week period averaged over 20.2 million barrels per day, up by 1.9% 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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