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Roundup: U.S. crude supplies down, other petroleum data mixed

Roundup: U.S. crude supplies down, other petroleum data mixed

Oct 20, 2022

Houston (US), October 20: U.S. crude oil refinery inputs averaged 15.6 million barrels per day (b/d) during the week ending Oct. 14, 132,000 b/d less than the previous week's average, according to a weekly report issued by the U.S. Energy Information Administration on Wednesday.
Refineries operated at 89.5 percent of their operable capacity last week, compared with 89.9 percent in the previous week, said the Weekly Petroleum Data report.
During the same period, both the gasoline and distillate fuel production increased, averaging 9.4 million b/d and 5 million b/d respectively.
U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, dropped by 1.7 million barrels from the previous week to 437.4 million barrels, about 2 percent below the five-year average for this time of year.
Total motor gasoline inventories fell by 0.1 million barrels from last week, about 7 percent below the five-year average for this time of year.
Finished gasoline inventories were unchanged, but blending components inventories decreased last week.
Distillate fuel inventories went up by 0.1 million barrels last week, roughly 20 percent below the five-year average for this time of year.
Propane/propylene inventories rose by 0.5 million barrels from last week, 2 percent above the five-year average for this time of year. Total commercial petroleum inventories decreased by 2.5 million barrels last week.
Total products supplied over the last four-week period averaged 20.4 million b/d, down by 2.4 percent from the same period last year.
Over the past four weeks, motor gasoline product supplied averaged 8.8 million b/d, down by 6.4 percent from the same period last year.
Distillate fuel product supplied averaged 4.2 million b/d over the past four weeks, up by 1.1 percent from the same period last year. Jet fuel product supplied was up 7.5 percent compared with the same four-week period last year.
Source: Xinhua