EIA: U.S. crude oil inventories decreased by 2.2 million barrels from the previous week

Key highlights from the Summary of Weekly Petroleum Data for the Week Ending April 7, 2017, published by the U.S. Energy Information Administration:

• U.S. crude oil refinery inputs averaged 16.7 million barrels per day during the week ending April 7, 2017, 268,000 barrels per day more than the previous week’s average. Refineries operated at 91.0% of their operable capacity last week
• U.S. crude oil imports averaged 7.9 million barrels per day last week, up by 28,000 barrels per day from the previous week.
• U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 2.2 million barrels from the previous week. At 533.4 million barrels, U.S. crude oil inventories are near the upper limit of the average range for this time of year.