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According to a report from the Oil & Gas Journal website on May 5, US Energy Information Administration (EIA) data shows that as of the week of April 30, US crude oil inventories (excluding strategic oil reserves) decreased by 800 compared to the previous week.
The EIA report pointed out that US crude oil inventories stood at 485.
According to EIA, total vehicle gasoline inventories increased by 700,000 barrels from last week, which is about 2% lower than the 5-year level.
According to EIA, propane and propylene stocks increased by 500,000 barrels, which is about 19% lower than the 5-year average.
As of the week of April 30, the average input of US refineries was 15.
Gasoline production declined, 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 8 million bbl
US crude oil inventories for the week ended Apr.
At 485.
EIA said total motor gasoline inventories increased by 700,000 bbl from last week and are about 2% below the 5-year range for this time of year.
Propane-propylene inventories increased by 500,000 bbl and are about 19% below the 5-year average for this time of year, EIA said.
US refinery inputs averaged 15.
Gasoline production decreased, averaging 9.
US crude oil imports averaged 5.