EIA: Commercial crude oil inventories decreased by 1.7 million barrels from previous week

Below are some key highlights from the weekly report published by the U.S. Energy Information Administration.

• U.S. crude oil refinery inputs averaged 17.6 million barrels per day during the week ending January 4, 2019.
• Gasoline production decreased last week, averaging 9.4 million barrels per day.
• Distillate fuel production decreased last week, averaging 5.6 million barrels per day.
• U.S. commercial crude oil inventories decreased by 1.7 million barrels from the previous week.
• Total products supplied over the last four-week period averaged 20.5 million barrels per day, down by 0.7% from the same period last year.