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U.S. Oil & Product Storage
Oil Up Slightly On Supportive Draws
Jeff Davies
December 18, 2024
Highlights For the Week
Total U.S. commercial oil & products dropped by 3.21 million barrels. U.S. commercial oil stocks dropped by 0.93 million barrels. The U.S. SPR rose by 0.52 million barrels. On the product side, gasoline stocks rose by 2.35 million barrels. Diesel stocks dropped by 3.18 million barrels.
Total products supplied were 20.8 million barrels, up 12.5% versus last year. Imports were higher by 455,000 barrels. Exports were higher by 159,000 barrels per day.
U.S. oil production was 13.6 million barrels, down 0.2%.
