U S crude oil inventories increase by 21 6 million barrels oilandgas360.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oilandgas360.com Daily Mail and Mail on Sunday newspapers.
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U.S. crude oil inventories decrease by 1.0 million barrels
U.S. commercial crude oil inventories (
excluding those in the Strategic Petroleum Reserve) decreased by 1.0 million barrels from the previous week. At 475.7 million barrels, U.S. crude oil inventories are about 4% above the five year average for this time of year, according to the EIA crude oil and petroleum weekly storage data, reporting inventories as of January 29, 2021.
Summary of weekly petroleum data for the week ending January 29, 2021
U.S. crude oil refinery inputs averaged 14.6 million barrels per day during the week ending January 29, 2021, which was 80,000 barrels per day less than the previous week’s average. Refineries operated at
The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
U.S. crude oil inventories decrease by 6.1 million barrels
U.S. commercial crude oil inventories (
excluding those in the Strategic Petroleum Reserve) decreased by 6.1 million barrels from the previous week. At 493.5 million barrels, U.S. crude oil inventories are about 11% above the five year average for this time of year, according to the EIA crude oil and petroleum weekly storage data, reporting inventories as of December 25, 2020.
Summary of weekly petroleum data for the week ending December 25, 2020
U.S. crude oil refinery inputs averaged 14.3 million barrels per day during the week ending December 25, 2020, which was 273,000 barrels per day more than the previous week’s average. Refineries operated at