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U.S. Oil & Product Storage
Weekly Oil Report Shows US Production Down Slightly
Jeff Davies
November 20, 2024
Highlights For the Week
Total U.S. commercial oil & products rose by 3.05 million barrels. U.S. commercial oil stocks rose by 0.55 million barrels. The U.S. SPR rose by 1.40 million barrels. On the product side, gasoline stocks rose by 2.05 million barrels. Diesel stocks dropped by 0.11 million barrels.
Total products supplied were 19.8 million barrels, up 6.9% versus last year. Imports were lower by 325,000 barrels. Exports were lower by 381,000 barrels per day.
U.S. oil production was 13.2 million barrels, down 1.5%.
