EIA: Commercial crude oil inventories increased by 5.4 million barrels from previous week

In its weekly petroleum report for the week ending May 10, the Energy Information Administration announced that the commercial crude oil inventories in the U.S. increased by 5.4 million barrels. 

Key takeaways from the press release

• Gasoline production decreased last week, averaging 9.9 million barrels per day.
• Distillate fuel production increased last week, averaging 5.3 million barrels per day.
• U.S. crude oil refinery inputs averaged 16.7 million barrels per day during the week ending May 10, 2019.
• Total products supplied over the last four-week period averaged 20.1 million barrels per day, up by 0.3% from the same period last year.