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Weekly EIA Oil Report – January 26th

Weekly EIA Oil Report – January 26th

Here are the latest details from the U.S. Energy Information Administration regarding diesel fuel, heating oil, gasoline and many more, for the week ending on January 21st

U.S. crude oil refinery inputs averaged 15.5 million barrels per day, which was 44,000 barrels per day more than the previous week’s average.

Gasoline production increased last week, averaging 8.9 million barrels per day.

U.S. crude oil imports averaged 6.2 million barrels per day last week, decreased by 0.5 million barrels per day from the previous week.

U.S. commercial crude oil inventories increased by 2.4 million barrels from the previous week to 416.2 million barrels. However, the inventories are about 8% lower than the five-year average for this time of year.

Sources: eia.gov

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