(EIA) US crude inventories were 413.3 million barrels in the week that ended January 7, down by 4.6 million barrels from the previous week.
The fall in the inventories takes the stocks 8% below their five-year average, although the motor gasoline stocks rose by 8.0 million barrels.
Average imports of crude were 6.1 million barrels per day in the week to January 7, an increase of 185,000 bpd from the previous week. The imports rose by 10.7% in the last four weeks from the prior year to an average of 6.2 million bpd.
Crude refinery inputs declined by 293,000 bpd to 15.6 million in the week to January 7 from the previous week, with refineries at 88.4% capacity.
Overall, in the past four weeks, the total products supplied rose by 10.8% year over year to an average of 20.8 million bpd.
CL1! is up +1.43%.
