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Weekly U.S. Oil & Product Storage

Oil Range Bound After Report

Highlights For the Week

Total U.S. commercial oil & products dropped by 3.05 million barrels. U.S. commercial oil stocks dropped by 0.85 million barrels. The U.S. SPR rose by 0.75 million barrels. . On the product side, gasoline stocks dropped by 2.20 million barrels. Diesel stocks rose by 0.28 million barrels.

Total products supplied were 21.6 million barrels, up 11.7% versus last year.  Imports were higher by 85,000 barrels.  Exports were lower by 740,000 barrels per day.

U.S. oil production was 13.3 million barrels, down 0.7%.

Full report attached