American crude oil inventories increased by 2.3 million after inputs and imports increased from the previous week.
- Commercial crude oil inventories grew by 2.3 million barrels to 420.9 million barrels, about 7% below the five-year average for the average of the time period.
- Total motor gasoline inventories jumped 3.3 million barrels but remained 1% below the five-year average, as finished gasoline inventories fell as blending components grew from the previous week.
- Distillate fuel inventories slipped 0.4 million barrels and remained 11% lower than the five-year average.
- Refinery inputs averaged 15.7 million barrels per day, up 330,000 barrels a day from the previous week as refineries operated at 89.6% of operable capacity.
- Imports climbed 483,000 barrels per day to 7.0 million barrels per day, as gasoline imports jumped 1.1 million barrels per day and distillate fuel imports climbed 298,00 barrels per day.
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