Weekly Petroleum Status: Week of January 3rd

Wed, Jan 8, 2025 · 10:00 AM ET Next release · Nov 11, 10:30 AM ET

Commercial oil stocks fell -1.0 million bbls and are now down -4.1% YoY.

  • Gasoline stocks jumped 6.3 million bbls but are still down -3.0% YoY.
  • Domestic production comes in at 13.56 million b/d, a slight decrease from 13.57 million b/d the week before. The 4-week average production is still 2.5% higher than a year ago.
  • Net imports increased as well and that 4-week average is up 15.6% YoY.