EIA: U.S. commercial crude oil inventories increased by 0.1 mln barrels

Eren Sengezer FXStreet

Key highlights from the EIA's report's summary of weekly petroleum data for the week ending June 23, 2017:

U.S. crude oil refinery inputs averaged 16.9 million barrels per day during the week ending June 23, 2017, 262,000 barrels per day less than the previous week’s average
Refineries operated at 92.5% of their operable capacity last week
U.S. crude oil imports averaged over 8.0 million barrels per day last week, up by 140,000 barrels per day from the previous week
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 0.1 million barrels from the previous week
Total products supplied over the last four-week period averaged 19.9 million barrels per day, down by 2.7% 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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