EIA: Commercial crude oil inventories decreased by 7.3 million barrels from previous week

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

• U.S. crude oil refinery inputs averaged 17.5 million barrels per day during the week ending November 30, 2018.
• Gasoline production decreased last week, averaging 9.7 million barrels per day. Distillate fuel production increased last week, averaging 5.6 million barrels per day.
• U.S. crude oil imports averaged 7.2 million barrels per day last week, down by 943,000 barrels per day from the previous week. 
• U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 7.3 million barrels from the previous week. 
• Total products supplied over the last four-week period averaged 21.2 million barrels per day, up by 7.6% from the same period last year.