Thursday, February 20, 2014

EIA Weekly Petroleum Status Report: Oil Inventory +.973 Gasoline +.309 Diesel -.339

In the weather affected week ending Feb 14, the EIA reported petroleum inventories, supply, and demand today (late due to President's Day):

  • Commercial oil inventories rose 973K barrels to 362.3M (middle of range)
  • Gasoline inventories rose 309K barrels to 233.4M (upper end of range)
  • Distillate inventories were down 339K barrels to 112.7M (below low end of range)
  • Cushing inventories fell solidly again by 1.733M barrels:

  • Crude oil production was up again to a new record 8.148 Million barrels per day:

  • Gasoline demand for the week was below the 5 year range at just 8.03 MBPD

Full PDF Reports:

EIA Petroleum Inventory
EIA Petroleum Supply
EIA Petroleum Demand (Product Supplied)