Weekly U.S. Oil Storage

Total U.S. commercial oil & products dropped by 1.71 million barrels. U.S. commercial oil stocks dropped by 4.63 million barrels. The U.S. SPR rose by 0.33 million barrels. On the product side, gasoline stocks rose by 5.42 million barrels. Diesel stocks rose by 1.27 million barrels.

Total products supplied were 19.6 million barrels, up 4.9% versus last year.  Imports were higher by 708,000 barrels.  Exports were lower by 107,000 barrels per day.

U.S. oil production was 13.1 million barrels, down 0.8%.