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U.S. DOE Weekly Petroleum Status Report for Oct. 4 (Text)

Following is the text of the weekly Petroleum Status Report from the U.S. Department of Energy:

U.S. crude oil refinery inputs averaged about 14.9 million barrels per day during the week ending October 4, 2013, 555 thousand barrels per day lower than the previous week’s average. Refineries operated at 86.0 percent of their operable capacity last week. Gasoline production rose from the previous week, averaging 9.2 million barrels per day. Distillate fuel production decreased last week to about 4.6 million barrels per day.

U.S. crude oil imports averaged about 8.0 million barrels per day last week, down by 320 thousand barrels per day from the previous week. Over the last four weeks, crude oil imports averaged just under 8.0 million barrels per day, 5.5 percent below the same four-week period last year. Total motor gasoline imports (including both finished gasoline and gasoline blending components) last week averaged 576 thousand barrels per day. Distillate fuel imports averaged 139 thousand barrels per day last week.

U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 6.8 million barrels from the previous week. At 370.5 million barrels, U.S. crude oil inventories are above the upper range for this time of year. Total motor gasoline inventories increased by 0.1 million barrels last week and are at the top of the average range. Finished gasoline inventories increased, while gasoline blending component inventories decreased. Distillate fuel inventories decreased by 3.1 million barrels last week and remain near the lower limit of the average range for this time of year. Propane/propylene inventories decreased by 0.5 million barrels last week and are in the middle of the average range. Total commercial petroleum inventories increased by 1.7 million barrels last week.

Total products supplied over the last four-week period averaged 19.2 million barrels per day, up by 3.7 percent from the same period last year. Over the last four weeks, motor gasoline product supplied averaged about 8.8 million barrels per day, up by 1.8 percent from the same period last year. Distillate fuel product supplied averaged 3.8 million barrels per day over the last four weeks, down by 0.1 percent from the same period last year. Jet fuel product supplied is down 1.4 percent compared to the same four-week period last year.

To contact the reporter on this story: Stephen Rose in Washington at srose31@bloomberg.net

To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net

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