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Statistics released by the U.
S.
Energy Information Administration (EIA) on Wednesday showed that U.
S.
commercial crude inventories, excluding the Strategic Petroleum Reserve, fell by 5.
8 million barrels
in the week ending Aug.
17.
The EIA's weekly oil status report showed that U.
S.
crude inventories totaled 408.
4 million barrels last week, at the five-year average
for this time of year.
U.
S.
refiners processed an average of 17.
9 million barrels of crude oil per day last week, down 89,000 barrels
a month on a daily basis, according to EIA statistics.
U.
S.
refinery utilization reached 98.
1%
last week.
EIA statistics also show that the United States imported an average of 7.
5 million barrels of crude oil per day last week, down about 1.
5 million barrels
a day from the previous month.
Over the past four weeks, the United States has imported an average of 8.
1 million barrels of crude oil per day, down 2.
2%
year-on-year.
Statistics released by the U.
S.
Energy Information Administration (EIA) on Wednesday showed that U.
S.
commercial crude inventories, excluding the Strategic Petroleum Reserve, fell by 5.
8 million barrels
in the week ending Aug.
17.
The EIA's weekly oil status report showed that U.
S.
crude inventories totaled 408.
4 million barrels last week, at the five-year average
for this time of year.
U.
S.
refiners processed an average of 17.
9 million barrels of crude oil per day last week, down 89,000 barrels
a month on a daily basis, according to EIA statistics.
U.
S.
refinery utilization reached 98.
1%
last week.
EIA statistics also show that the United States imported an average of 7.
5 million barrels of crude oil per day last week, down about 1.
5 million barrels
a day from the previous month.
Over the past four weeks, the United States has imported an average of 8.
1 million barrels of crude oil per day, down 2.
2%
year-on-year.
