US Crude Oil Inventories Down By Another 3.4 Million Bbls -- November 29, 2017

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Title : US Crude Oil Inventories Down By Another 3.4 Million Bbls -- November 29, 2017
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US Crude Oil Inventories Down By Another 3.4 Million Bbls -- November 29, 2017

The EIA's weekly petroleum report has been posted.
  • US crude oil inventories: decreased by 3.4 million bbls; now at 453.7 million bbls
Other data from the report:
  • refineries continue to increase their operating capacity, now at 92.6%
  • gasoline production, pretty much unchanged, at 10.2 million bbls/day
  • distillate fuel production, pretty much unchanged, at 5.3 million bbls/day 
  • total gasoline inventories increased by 3.6 million bbls last week; in the middle of the average range
  • distillate fuel inventories increased by 2.7 million bbls last week but still int he lower half of the average range
  • the "gasoline demand" graph will be released tomorrow


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