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Weekly US Oil & Product Storage

Slightly Bearish

Highlights For the Week

Total U.S. commercial oil & products rose by 8.16 million barrels. U.S. commercial oil stocks rose by 3.59 million barrels. The U.S. SPR rose by 1.29 million barrels. . On the product side, gasoline stocks rose by 2.66 million barrels. Diesel stocks dropped by 0.38 million barrels.

Total products supplied were 20.7 million barrels, down 2.5% versus last year.  Imports were lower by 239,000 barrels.  Exports were lower by 282,000 barrels per day.

U.S. oil production was 13.2 million barrels, flat on the week.

Full report attached