Crude Inventory Rose 2.5 Million Barrels Last Week - EIA

• Crude Inventory 2.48M Barrels vs -1.39M Expected
• Cushing 2.36M
• Gasoline -1.64M vs -1.53M Expected
• Distillate -3.47M vs -77K Expected

Summary of Weekly Petroleum Data for the week ending July 31, 2026

U.S. crude oil refinery inputs averaged 17.2 million barrels per day during the week ending July 31, 2026, which was 183 thousand barrels per day less than the previous week’s average. Refineries operated at 96.5% of their operable capacity last week. Gasoline production decreased last week, averaging 9.6 million barrels per day. Distillate fuel production decreased, averaging 5.2 million barrels per day.

U.S. crude oil imports averaged 6.2 million barrels per day last week, increased by 515 thousand barrels per day from the previous week. Over the past four weeks, crude oil imports averaged about 5.8 million barrels per day, 4.4% less than the same four-week period last year. Total motor gasoline imports (including both finished gasoline and gasoline blending components) last week averaged 463 thousand barrels per day, and distillate fuel imports averaged 99 thousand barrels per day.

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 2.5 million barrels from the previous week. At 407.0 million barrels, U.S. crude oil inventories are about 6% below the five-year average for this time of year. Total motor gasoline inventories decreased by 1.6 million barrels last week and are 7% below the five-year average for this time of year. Both finished gasoline and blending component inventories decreased last week. Distillate fuel inventories decreased by 3.5 million barrels last week and are about 12% below the five-year average for this time of year. Propane/propylene inventories increased by 0.8 million barrels from last week and are 32% above the five-year average for this time of year. Total commercial petroleum inventories increased by 2.0 million barrels last week.

Total products supplied over the last four-week period averaged 20.4 million barrels per day, down by 0.9% from the same period last year. Over the past four weeks, motor gasoline product supplied averaged 9.0 million barrels per day, up by 0.6% from the same period last year. Distillate fuel product supplied averaged 3.6 million barrels per day over the past four weeks, up by 1.8% from the same period last year. Jet fuel product supplied was up 3.6% compared with the same four-week period last year.

You May Also Be Interested In

• Iran's foreign ministry spokesperson: geographic characteristics of the route in Strait of Hormuz agreed by Iran and Oman
• Tenaya Therapeutics, Inc. (TNYA) Misses Q2 EPS by 14c
• Satellogic Inc (SATL) Misses Q2 EPS by 11c