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U.S. Oil & Product Storage Weekly
Draws Supportive Of Prices
Jeff Davies
October 30, 2024
Highlights For the Week
Total U.S. commercial oil & products dropped by 9.49 million barrels. U.S. commercial oil stocks dropped by 0.52 million barrels. The U.S. SPR rose by 1.19 million barrels. On the product side, gasoline stocks dropped by 2.71 million barrels. Diesel stocks dropped by 0.98 million barrels.
Total products supplied were 21.6 million barrels, down 1.6% versus last year. Imports were lower by 228,000 barrels. Exports were lower by 143,000 barrels per day.
U.S. oil production was 13.5 million barrels, flat on the week.
