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U.S. Oil & Product Storage Weekly
Neutral Report, Weekly Oil Production All-Time High
Jeff Davies
November 07, 2024
Highlights For the Week
Total U.S. commercial oil & products dropped by 1.13 million barrels. U.S. commercial oil stocks rose by 2.15 million barrels. The U.S. SPR rose by 1.39 million barrels. On the product side, gasoline stocks rose by 0.41 million barrels. Diesel stocks rose by 2.95 million barrels.
Total products supplied were 19.7 million barrels, up 22.9% versus last year. Imports were lower by 28,000 barrels. Exports were higher by 1,331,000 barrels per day.
U.S. oil production was 13.5 million barrels, flat on the week.
