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Commodity Mid Session News

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(06 Feb 2025, 13:06)

Market Speaks: US crude oil imports averaged about 6.6 MBPD, up 2.8% than same four-week period last year


The US Energy Information Administration or EIA stated in a latest weekly update yesterday that US crude oil refinery inputs averaged 15.3 million barrels per day during the week ending January 31, 2025, which was 159 thousand barrels per day more than the previous week’s average. Refineries operated at 84.5% of their operable capacity last week. US Gasoline production decreased last week, averaging 9.2 million barrels per day. Distillate fuel production decreased last week, averaging 4.6 million barrels per day. U.S. crude oil imports averaged 6.9 million barrels per day last week, increased by 467 thousand barrels per day from the previous week. Over the past four weeks, the US crude oil imports averaged about 6.6 million barrels per day, 2.8% more than the same four-week period last year. Total motor gasoline imports (including both finished gasoline and gasoline blending components) last week averaged 593 thousand barrels per day, and distillate fuel imports averaged 159 thousand barrels per day. Total products supplied over the last four-week period averaged 20.6 million barrels a day, up by 3.3% from the same period last year. Over the past four weeks, motor gasoline product supplied averaged 8.3 million barrels a day, down by 0.2% from the same period last year.
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