Crude Inventory Fell 11.5 Million Barrels Last Week, Says EIA

• Crude Inventory -11.47M Barrels vs -1.84M Expected
• Cushing 995K
• Gasoline 209K vs 883K Expected
• Distillate 514K vs 724K Expected

Summary of Weekly Petroleum Data for the week ending June 13, 2025

U.S. crude oil refinery inputs averaged 16.9 million barrels per day during the week ending June 13, 2025, which was 365 thousand barrels per day less than the previous week’s average. Refineries operated at 93.2% of their operable capacity last week. Gasoline production increased last week, averaging 10.1 million barrels per day. Distillate fuel production increased by 77 thousand barrels per day last week, averaging 5 million barrels per day.

U.S. crude oil imports averaged 5.5 million barrels per day last week, decreased by 672 thousand barrels per day from the previous week. Over the past four weeks, crude oil imports averaged about 6.1 million barrels per day, 16.5% less than the same four-week period last year. Total motor gasoline imports (including both finished gasoline and gasoline blending components) last week averaged 960 thousand barrels per day, and distillate fuel imports averaged 153 thousand barrels per day.

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 11.5 million barrels from the previous week. At 420.9 million barrels, U.S. crude oil inventories are about 10% below the five year average for this time of year. Total motor gasoline inventories increased by 0.2 million barrels from last week and are about 2% below the five year average for this time of year. Finished gasoline inventories increased and blending components inventories decreased last week. Distillate fuel inventories increased by 0.5 million barrels last week and are about 17% below the five year average for this time of year. Propane/propylene inventories increased by 1.5 million barrels from last week and are 5% above the five year average for this time of year. Total commercial petroleum inventories decreased by 6.6 million barrels last week.

Total products supplied over the last four-week period averaged 20 million barrels a day, down by 0.3% from the same period last year. Over the past four weeks, motor gasoline product supplied averaged 9 million barrels a day, down by 0.9% from the same period last year. Distillate fuel product supplied averaged 3.5 million barrels a day over the past four weeks, down by 4.2% from the same period last year. Jet fuel product supplied was up 2.9% compared with the same four-week period last year.

You May Also Be Interested In

• Myriad Uranium completes acquisition of Rush Rare Metals
• Boeing workers reject contract, authorize strike
• Cytek faces $56M damages award in Beckman Coulter patent case