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U.S. Weekly Oil & Product Storage
Slight Draws Across the Board
Jeff Davies
July 31, 2024
Highlights For the Week
Total U.S. commercial oil & products dropped by 2.44 million barrels. U.S. commercial oil stocks dropped by 3.44 million barrels. The U.S. SPR rose by 0.69 million barrels. . On the product side, gasoline stocks dropped by 3.67 million barrels. Diesel stocks rose by 1.53 million barrels.
Total products supplied were 20.7 million barrels, up 1.4% versus last year. Imports were higher by 255,000 barrels. Exports were higher by 148,000 barrels per day.
U.S. oil production was 13.3 million barrels, flat on the week.
