EIA: Commercial crude oil inventories increased by 5.8 million barrels from previous week

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

• U.S. crude oil refinery inputs averaged 17.2 million barrels per day during the week ending July 13, 2018, which was 413,000 barrels per day less than the previous week’s average.
• U.S. crude oil imports averaged 9.1 million barrels per day last week, up by 1,635,000 barrels per day from the previous week. 
• U.S. commercial crude oil inventories increased by 5.8 million barrels from the previous week. 
• Total products supplied over the last four-week period averaged 20.7 million barrels per day, down by 0.3% from the same period last year.