EIA: Commercial crude oil inventories increased by 1.3 million barrels from previous week

Below are some key highlights from the weekly oil market report published by the U.S. Energy Information Administration.

• U.S. crude oil refinery inputs averaged 16.6 million barrels per day during the week ending February 1, 2019.
• Gasoline production decreased last week, averaging 9.9 million barrels per day.
• Distillate fuel production increased last week, averaging 5.1 million barrels per day.
• U.S. crude oil imports averaged 7.1 million barrels per day last week, up by 63,000 barrels per day from the previous week. 
• U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 1.3 million barrels from the previous week.
• Total products supplied over the last four-week period averaged 21.2 million barrels per day, up by 2.0% from the same period last year.