US crude oil refinery inputs grew by an average of 277,000 barrels per day in the past week, according to data released by the Energy Information Administration.
- Crude oil refinery inputs averaged 16.197 million barrels per day (bpd) in the week ending August 6. This compares with 15.920 million bpd the previous week and 14.658 million bpd the same week in 2020.
- Refineries operated at 91.8% of their operable capacity, up from 91.3% the previous week and 81.0% utilization a year ago. Gasoline production fell to 10.0 million bpd, while distillate fuel production grew to 4.9 million bpd.
- Crude oil imports fell by 36,000 bpd to an average of 6.4 million bpd in the week. The four-week imports averaged 6.6 million bpd, up 16.3% from the same period in 2020.
- Inventories fell by 0.4 million barrels to 438.8 million barrels. This is 6% lower than the five-year average, as motor gasoline inventories dropped by 1.4 million barrels in the past week.
Total products supplied in the past month averaged 20.6 million bpd, up 11.3% from year on year.