Total crude oil inventories in the US for the week that ended November 12 was 433.0 million barrels, a decline of 2.1 million barrels from the previous week.
Source: EIA
CL1! is down -2.33%.
Crude refinery inputs rose by 32,000 bpd to 15.4 million, as refineries operated at 87.9% capacity.
Production of gasoline fell to an average of 9.9 million bpd, as distillate fuel production declined to an average of 4.8 million bpd.
The US crude oil imports rose by 83,000 bpd to average 6.2 million bpd. Crude imports were at an average of 6.2 million bpd over the past four weeks to November 12.
Total products supplied over the past four weeks rose by 3.2% from the prior year to an average of 20.2 million bpd.
