Good morning,
US domestic crude oil production increased by 15kbpd last week as has been the trend. Imports of foreign crude oil decreased by 720kbpd last week leading to a decrease in total supply inputs of 705kbpd. Total crude oil input to refiners was 16,949kbpd which was lower WoW by 70kbpd.
Refinery utilization was 1.1% lower WoW at 92.4% but gasoline production increased by 1.26% WoW to 10,113 kbpd.
Days of supply of Crude oil decreased .1 days from last week to 25.3 days.
Days of gasoline supply decreased .7 days from last week to 25.1 days.
Have a good morning
Jason