Summary of Weekly Petroleum Data for the Week Ending January 6, 2006
U.S. crude oil refinery inputs averaged nearly 15.3 mln barrels/day, up 19K b/day w/w... Refineries operated at 89.8%... Gasoline production dropped significantly from the previous week; distillate fuel production increased slightly... U.S. crude oil imports were down 188K b/day w/w; Over the last four weeks, crude oil imports have averaged a decrease of 48K b/day y/y... Total motor gasoline imports averaged 1.0 mln b/day; Distillate fuel imports averaged 623K b/day (8th largest weekly average ever)... At 318.7 mln barrels, U.S. crude oil inventories remain well above the upper end of the average range for this time of year... Total motor gasoline inventories are in the middle of the average range; Distillate fuel inventories and are near the upper end of the average range... A large increase in low-sulfur distillate fuel (diesel fuel) inventories added to an increase in high-sulfur distillate fuel (heating oil) inventories... Total commercial petroleum inventories remain above the upper end of the average range... Over the last four weeks, motor gasoline demand is up 1.0% y/y; Distillate fuel demand+2.5% y/y; Jet fuel demand +3.9% y/y.