EIA: Commercial crude oil inventories increased by 6.5 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 16.3 million barrels per day during the week ending October 12, 2018, which was 77,000 barrels per day more than the previous week’s average.
• Gasoline production increased last week, averaging 10.4 million barrels per day.
• Distillate fuel production decreased last week, averaging 4.8 million barrels per day.
• U.S. crude oil imports averaged 7.6 million barrels per day last week.
• U.S. commercial crude oil inventories increased by 6.5 million barrels from the previous week. 
• Total products supplied over the last four-week period averaged 20.0 million barrels per day, up by 0.4% from the same period last year.