Latest Updates

• Weekly Petroleum Status Report: Week of October 3rd 2025-10-08 10:30

  

  U.S. commercial crude oil inventories rose +3.7M bbl (vs +2.25M bbl) in the week ending October 3, 2025, to 420.3M bbl, about 4% below the 5-yr seasonal average, as refinery runs and imports increased while total petroleum stocks edged lower.

  • Refinery inputs averaged 16.3M bpd, up +130k bpd WoW, with utilization rising to 92.4% of operable capacity.

  • Gasoline production increased to 9.8M bpd, and distillate production rose +210k bpd to 5.2M bpd, indicating steady refining activity.

  • Crude oil imports climbed +570k bpd WoW to 6.4M bpd; the four-week average of 6.1M bpd was -4.8% YoY, reflecting reduced import dependence over time.

  • Gasoline inventories fell -1.6M bbl, now ~1% below the 5-yr average; finished gasoline rose while blending components declined.

  • Distillate inventories decreased -2.0M bbl, remaining ~6% below the 5-yr norm, while propane/propylene stocks fell -2.9M bbl but stayed 9% above seasonal levels.

  • Total commercial petroleum inventories declined -1.2M bbl on the week, despite the crude build.

  • Total products supplied averaged 20.9M bpd over the past four weeks (+1.7% YoY), though gasoline (-2.6% YoY), distillates (-1.1% YoY), and jet fuel (-6.9% YoY) all trended lower in consumption.
• Weekly Petroleum Status Report: Week of September 26th 2025-10-01 10:30

  

  U.S. commercial crude oil inventories rose +1.8M bbl (vs +1.5M bbl expected) in the week ending September 26th to 416.5M bbl, about 4% below the 5-yr seasonal average, while total petroleum inventories increased +6.4M bbl.

  • Refinery inputs averaged 16.2M bpd, down -308k bpd WoW, with utilization easing to 91.4% of operable capacity.

  • Gasoline production decreased to 9.3M bpd, while distillate output edged down by -25k bpd to remain at 5.0M bpd.

  • Crude oil imports fell to 5.8M bpd, down -662k bpd WoW, and the 4-week average of 6.1M bpd was -7.5% YoY.

  • Motor gasoline imports averaged 668k bpd, while distillate imports were 118k bpd.

  • Gasoline inventories increased +4.1M bbl, returning to their 5-yr seasonal norm, with both finished gasoline and blending components higher.

  • Distillate inventories rose +0.6M bbl but remain 6% below the 5-yr average, highlighting continued tightness.

  • Propane/propylene stocks climbed +3.5M bbl and are now 13% above the 5-yr seasonal average.

  • Total products supplied averaged 20.3M bpd over the past four weeks, up +1.2% YoY, though gasoline demand was -0.5% YoY, distillates -4.4% YoY, and jet fuel -3.3% YoY.
• Weekly Petroleum Status Report: Week of September 19th 2025-09-24 10:30

  

  U.S. commercial crude oil inventories fell -0.6M bbl in the week ending September 19th to 414.8M bbl, about 4% below the 5-yr seasonal average, while total petroleum inventories slipped -0.5M bbl.

  • Refinery inputs averaged 16.5M bpd (+52k bpd WoW), with utilization steady at 93% of operable capacity.

  • Gasoline production rose to 9.7M bpd, while distillate fuel output increased slightly to 5.0M bpd (+29k bpd WoW).

  • Crude oil imports climbed to 6.5M bpd (+803k bpd WoW), though the 4-week average of 6.3M bpd was -0.9% YoY.

  • Motor gasoline imports averaged 506k bpd, while distillate fuel imports were 69k bpd.

  • Gasoline inventories declined -1.1M bbl and are now 2% below the 5-yr seasonal norm, with both finished gasoline and blending components lower.

  • Distillate inventories dropped -1.7M bbl and remain 8% below the 5-yr average, highlighting ongoing tightness.

  • Propane/propylene stocks increased +1.0M bbl and stand 12% above the 5-yr seasonal average.

  • Total products supplied averaged 20.5M bpd over the past four weeks (+0.9% YoY); gasoline demand was flat YoY, distillates fell -5.7% YoY, and jet fuel demand was down -1.4% YoY.
• Weekly Petroleum Status Report: Week of September 12th 2025-09-17 10:30

  

  U.S. commercial crude oil inventories fell -9.3M (vs -1.5M expected) bbl in the week ending September 12th, to 415.4M bbl, about 5% below the 5-yr seasonal average, while total petroleum inventories posted a modest +1.2M bbl build.

  • Refinery inputs averaged 16.4M bpd, down -394k bpd WoW, with utilization at 93.3% of capacity, indicating a slight pullback in activity.

  • Gasoline production decreased to 9.4M bpd, while distillate fuel output fell -274k bpd WoW to 5.0M bpd.

  • Crude oil imports averaged 5.7M bpd, down -579k bpd WoW; the 4-week average of 6.2M bpd was -2.4% YoY.

  • Gasoline inventories declined -2.3M bbl and are now 1% below the 5-yr seasonal norm, with both finished gasoline and blending components falling.

  • Distillate inventories rose +4.0M bbl but remain 8% below the 5-yr average, underscoring structural tightness in supply.

  • Propane/propylene stocks increased +1.3M bbl and are 12% above the 5-yr average, reflecting comfortable supply conditions.

  • Total products supplied averaged 20.7M bpd over the last four weeks, up +1.7% YoY; gasoline demand edged up +0.5% YoY, distillates fell -1.8% YoY, while jet fuel demand rose +1.1% YoY.
• Weekly Petroleum Status Report: Week of September 5th 2025-09-10 10:30

  

  U.S. commercial crude oil inventories rose +3.9M (vs -1.1M expected) bbl in the week ending September 5, 2025, to 424.6M bbl, about 3% below the 5-yr seasonal average, while total petroleum inventories posted a sharp +15.4M bbl build.

  • Crude oil refinery inputs averaged 16.8M bpd, down -51k bpd WoW, with utilization at 94.9% of capacity.

  • Gasoline production decreased to 9.6M bpd, while distillate fuel output fell slightly to 5.2M bpd.

  • Crude imports averaged 6.3M bpd, down -471k bpd WoW; the 4-week average of 6.4M bpd was -0.5% YoY.

  • Gasoline inventories increased +1.5M bbl and are now in line with the 5-yr average; both finished gasoline and blending components rose.

  • Distillate inventories rose +4.7M bbl but remain 9% below the 5-yr average, highlighting tighter supply.

  • Propane/propylene stocks increased +1.5M bbl and are 12% above the 5-yr seasonal norm.

  • Total products supplied averaged 20.9M bpd over the last four weeks, up +2% YoY; gasoline demand slipped -0.6% YoY, while distillates (+2.0% YoY) and jet fuel (+4.9% YoY) strengthened.
• Weekly Petroleum Status Report: Week of August 29th 2025-09-04 10:30

  

  U.S. commercial crude oil inventories rose +2.4M bbl (vs -1.8M bbl) in the week ending August 29, 2025, to 420.7M bbl, about 4% below the 5-yr seasonal average.

  • Total commercial petroleum inventories increased +7.1M bbl, with large builds in propane/propylene (+3.2M bbl) and distillates (+1.7M bbl), partly offset by a sharp draw in gasoline (-3.8M bbl).

  • Refinery inputs averaged 16.9M bpd (-11k bpd WoW), with utilization at 94.3%; gasoline production fell to 9.9M bpd, while distillate output edged up to 5.3M bpd.

  • Crude imports rose +508k bpd to 6.7M bpd, lifting the 4-week average to 6.6M bpd (+4.4% YoY). Gasoline imports averaged 582k bpd, while distillates averaged 96k bpd.

  • Over the past four weeks, total products supplied averaged 21.3M bpd (+2.5% YoY), with gasoline demand down -0.8% YoY, distillates up +4.2%, and jet fuel up +4.4%.

  • Gasoline inventories remain 2% below the 5-yr average, while distillates are 13% below; propane stocks stand 12% above seasonal norms.
• Weekly Petroleum Status Report: Week of August 22nd 2025-08-27 10:30

  

  U.S. commercial crude oil inventories fell -2.4 million barrels (vs -2.0 million bbls expected) in the week ending August 22 to 418.3 million barrels, about 6% below the 5-yr seasonal average, reflecting continued supply tightness.

  • Total commercial petroleum inventories declined -4.4M bbl, led by draws in motor gasoline (-1.2M bbl) and distillates (-1.8M bbl), while propane/propylene rose +1.7M bbl.

  • Refinery inputs averaged 16.9M bpd (-328k bpd WoW), with utilization at 94.6%; gasoline production rose to 10M bpd, while distillate output fell -112k bpd.

  • Crude imports decreased to 6.2M bpd (-263k bpd WoW) and were down -0.4% YoY on a 4-week average basis.

  • Motor gasoline product supplied averaged 9M bpd over the past four weeks (-1.1% YoY), while distillate demand rose +7.7% YoY and jet fuel demand increased +1.7% YoY.

  • Total products supplied averaged 21.2M bpd (+2.5% YoY), signaling steady overall demand despite weaker gasoline consumption.
• Weekly Petroleum Status Report: Week of August 15th 2025-08-20 10:30

  

  U.S. commercial crude oil inventories fell -6.0 million barrels in the week ending August 15 to 420.7 million barrels, about 6% below the 5-yr seasonal average, reflecting tighter supply conditions.

  • Total commercial petroleum inventories declined -4.2 million barrels, despite increases in distillate (+2.3M bbl) and propane/propylene (+2.6M bbl) stocks.

  • Motor gasoline inventories dropped -2.7 million bbl and now sit 1% below the 5-yr average, with both finished gasoline and blending components declining.

  • Refinery runs edged up to 17.2 million bpd (+28k bpd WoW), with utilization rising to 96.6%, indicating strong processing activity.

  • Crude oil imports fell to 6.5 million bpd (-423k bpd WoW) and are -2.3% YoY on a 4-week average basis, contributing to the drawdown.

  • Product demand remained strong: total products supplied averaged 21.1 million bpd over the past four weeks (+3.3% YoY), with jet fuel demand up 7.4% YoY and distillate demand up 4.7% YoY.
• Weekly Petroleum Status Report: Week of August 8th 2025-08-13 10:30
  

  U.S. commercial crude oil inventories rose +3.0 million bbls (vs -800k bbls expected) last week to 426.7 million bbls, about -6% below the 5-year seasonal average.

  • Total commercial petroleum inventories increased +7.5 million bbls, led by a +3.9 million bbl build in propane/propylene.
  • Gasoline inventories fell -0.8 million bbls (at 5-year average) while distillates rose +0.7 million bbls but remain -15% below average.
  • Crude oil imports jumped +958k b/d to 6.9 million b/d; the 4-week average is down -5.1% YoY.
  • Refinery inputs edged up +56k b/d to 17.2 million b/d, with utilization at 96.4%.
  • Total products supplied averaged 21.2 million b/d over the past 4 weeks (+2.9% YoY); gasoline -1.5%, distillates -1.6%, jet fuel +4.3%.
• Weekly Petroleum Status Report: Week of August 1st 2025-08-06 10:30
  

  U.S. commercial crude oil inventories fell -3.0 million bbls (vs -1.1 million bbls expected) last week to 423.7 million bbls, about -6% below the 5-year seasonal average.

  • Total commercial petroleum inventories rose +2.1 million bbls, driven by a +1.3 million bbl build in propane/propylene.
  • Gasoline inventories declined -1.3 million bbls and are now -1% below the 5-year average; distillate inventories fell -0.6 million bbls and remain -16% below average.
  • Refinery inputs rose +213k b/d to 17.1 million b/d; utilization climbed to 96.9%.
  • Crude oil imports dropped -174k b/d to 6.0 million b/d; the 4-week average is down -9.7% YoY.
  • Total products supplied averaged 20.6 million b/d over the past 4 weeks (+1.6% YoY); gasoline -2.2%, distillates -3.8%, jet fuel +3.8%.
• Weekly Petroleum Status Report: Week of July 25th 2025-07-30 10:30
  

  U.S. commercial crude oil inventories rose +7.7 million bbls (vs -2.0 million bbls expected) last week to 426.7 million bbls, about -6% below the 5-year seasonal average. This is the largest weekly build since the week of January 31st.

  • Total commercial petroleum inventories increased +7.1 million bbls on the week.
  • Gasoline inventories fell -2.7 million bbls, while distillate inventories rose +3.6 million bbls but remain -16% below average.
  • Crude oil refinery inputs edged down -25k b/d to 16.9 million b/d; utilization dipped to 95.4%.
  • Crude oil imports rose +159k b/d to 6.1 million b/d, though the 4-week average is down -11.3% YoY.
  • Total products supplied averaged 20.8 million b/d over the past 4 weeks (+1.5% YoY); gasoline -3.0%, distillates -4.1%, jet fuel +8.8%.
• Weekly Petroleum Status Report: Week of July 18th 2025-07-23 10:30
  

  U.S. commercial crude oil inventories fell -3.2 million bbls (vs -1.6 million bbls expected) last week to 419 million bbls, about -9% below the 5-year seasonal average.

  • Total commercial petroleum inventories declined -5.2 million bbls on the week.
  • Gasoline inventories dropped -1.7 million bbls but remain slightly above average; distillate inventories rose +2.9 million bbls but are still -19% below average.
  • Crude oil refinery inputs increased +87k b/d to 16.9 million b/d; utilization climbed to 95.5%.
  • Crude oil imports decreased -403k b/d to 6.0 million b/d; the 4-week average is down -7.1% YoY.
  • Total products supplied averaged 20.6 million b/d over the last 4 weeks, slightly above YoY; gasoline -4.9%, distillates -1.0%, jet fuel +1.5%.