(30 Jan 2025, 13:13)

Commodities Buzz: US crude oil imports up 3.6% on year in last four weeks

The US EIA stated in a latest weekly update yesterday that US crude oil refinery inputs averaged 15.2 million barrels per day during the week ending January 24, 2025, which was 333 thousand barrels per day less than the previous week’s average. Refineries operated at 83.5% of their operable capacity last week. Gasoline production decreased last week, averaging 9.2 million barrels per day. Distillate fuel production increased last week, averaging 4.7 million barrels per day. U.S. crude oil imports averaged 6.4 million barrels per day last week, decreased by 297 thousand barrels per day from the previous week. Over the past four weeks, US crude oil imports averaged about 6.4 million barrels per day, 3.6% more than the same four-week period last year. Total motor gasoline imports (including both finished gasoline and gasoline blending components) last week averaged 634 thousand barrels per day, and distillate fuel imports averaged 182 thousand barrels per day.

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Commodities Buzz: US crude oil imports up 3.6% on year in last four weeks