EIA: US commercial crude oil inventories decreased by 3.4 mln barrels
Below are the key highlights from the EIA's report's summary of weekly petroleum data for the week ending November 24, 2017.
U.S. crude oil refinery inputs averaged 17.0 million barrels per day during the week ending November 24, 2017, 165,000 barrels per day more than the previous week’s average.
U.S. crude oil imports averaged over 7.3 million barrels per day last week, down by 544,000 barrels per day from the previous week.
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 3.4 million barrels from the previous week.
Total products supplied over the last four-week period averaged 20.0 million barrels per day, up by 0.9% from the same period last year.