EIA: U.S. commercial crude oil inventories fell by 5.241 million barrels in the last week

Data released by the U.
S.
Energy Information Administration (EIA) on Wednesday showed that last week the U.
S.
commercial crude oil inventories excluding strategic reserves decreased by 5.
241 million barrels to 474 million barrels, a decrease of 1.
1%;

U.
S.
domestic crude oil production increased by 200,000 barrels to 11 million barrels per day ;

Excluding the strategic reserves of commercial crude oil imports last week was 6.
638 million barrels/day, an increase of 1.
007 million barrels/day from the previous week; the

four-week average supply of crude oil products in the United States was 19.
02 million barrels/day, an increase of 16.
7% from the same period last year; the

  United States last week Crude oil exports increased by 387,000 barrels per day to 2.
931 million barrels per day;

  U.
S.
crude oil inventories fell for 11 consecutive weeks, the most consecutive weeks of decline since 2017
.


  The U.
S.
EIA refined oil inventory increase in the week to June 4 recorded the largest increase since the week of January 8, 2021
.


  The increase in EIA gasoline inventories this week was the largest since the week of April 3, 2020
.


  The increase in domestic crude oil production during the week was the largest since the week of March 5, 2021
.