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According to a report from the Oil & Gas Journal website on May 12, US Energy Information Administration (EIA) data shows that as of the week of May 7, US crude oil inventories (excluding strategic petroleum reserves) decreased by 40% from the previous week.
The EIA report pointed out that US crude oil inventories stood at 484.
According to EIA, total vehicle gasoline inventories increased by 400,000 barrels from last week, which is about 1% lower than the 5-year average.
According to EIA, propane and propylene stocks have increased by 2.
As of the week of May 7, the average input of US refineries was 15 million barrels per day, which was about 223,000 barrels per day lower than the average level of the previous week.
Gasoline production increased, averaging 9.
The average US crude oil imports were 5.
Wu Henglei compiled from Oil & Gas Journal
The original text is as follows:
EIA: US crude inventories down 400,000 bbl
US crude oil inventories for the week ended May 7, excluding the Strategic Petroleum Reserve, decreased by 400,000 bbl from the previous week, according to data from the US Energy Information Administration.
At 484.
EIA said total motor gasoline inventories increased by 400,000 bbl from last week and are about 1% below the 5-year range for this time of year.
Propane-propylene inventories increased by 2.
US refinery inputs averaged 15.
Gasoline production increased, averaging 9.
US crude oil imports averaged 5.