Crude Inventory Fell 1.8 Million Barrels Last Week, Says EIA

• Crude Inventory -1.81M Barrels vs -2.16M Expected
• Cushing 308K
• Gasoline 6.4M vs 2.07M Expected
• Distillate 2.5M vs 1.42M Expected

Summary of Weekly Petroleum Data for the week ending December 5, 2025

U.S. crude oil refinery inputs averaged 16.9 million barrels per day during the week ending December 5, 2025, which was 17 thousand barrels per day less than the previous week’s average. Refineries operated at 94.5% of their operable capacity last week. Gasoline production decreased last week, averaging 9.6 million barrels per day. Distillate fuel production increased by 380 thousand barrels per day last week, averaging 5.4 million barrels per day.

U.S. crude oil imports averaged 6.6 million barrels per day last week, increased by 609 thousand barrels per day from the previous week. Over the past four weeks, crude oil imports averaged about 6.2 million barrels per day, 7.7% less than the same four-week period last year. Total motor gasoline imports (including both finished gasoline and gasoline blending components) last week averaged 659 thousand barrels per day, and distillate fuel imports averaged 181 thousand barrels per day.

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 1.8 million barrels from the previous week. At 425.7 million barrels, U.S. crude oil inventories are about 4% below the five year average for this time of year. Total motor gasoline inventories increased by 6.4 million barrels from last week and are about 1% below the five year average for this time of year. Finished gasoline and blending components inventories increased last week. Distillate fuel inventories increased by 2.5 million barrels last week and are about 7% below the five year average for this time of year. Propane/propylene inventories decreased 1.8 million barrels from last week and are about 15% above the five year average for this time of year. Total commercial petroleum inventories decreased by 3.2 million barrels last week.

Total products supplied over the last four-week period averaged 20.4 million barrels a day, up by 1.6% from the same period last year. Over the past four weeks, motor gasoline product supplied averaged 8.5 million barrels a day, down by 1.3% from the same as the last year period. Distillate fuel product supplied averaged 3.7 million barrels a day over the past four weeks, up by 3.4% from the same period last year. Jet fuel product supplied was down 0.8% compared with the same four-week period last year.

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