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According to foreign media reports, statistics released by the U.S. Energy Information Agency (EIA) on May 9 show that U.S. commercial crude oil stocks (excluding strategic oil reserves) fell by 2.2 million barrels in the week ending May 4.
According to foreign media reports, statistics released by the U.S. Energy Information Agency (EIA) on May 9 show that U.S. commercial crude oil stocks (excluding strategic oil reserves) fell by 2.2 million barrels in the week ending May 4.
The latest estimate of U.S. commercial crude oil stocks is 433.8 million barrels, which is less than half the average level of crude oil stocks at this time of year, according to EIA's weekly oil status report.
EIA also said in its report that total U.S. vehicle gasoline inventories fell by 2.2 million barrels last week, in the first half of the average range. Commodity gasoline stocks and mixed-component gasoline stocks fell last week.
Last week, U.S. refineries processed an average of 16.5 million barrels of crude oil a day, a drop of 75,000 barrels a day. Last week, U.S. refineries had a capacity utilization rate of 90.4%.
Last week, the United States imported an average of 7.3 million barrels of crude oil a day, a decrease of 1.2 million barrels a day. Over the past four weeks, the United States has imported an average of 8.1 million barrels of crude oil a day, a decrease of about 1% year on year.
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