For the week ending July 24, 2026
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 7.2 million barrels from the previous week. At 404.5 million barrels, U.S. crude oil inventories are about 7% below the five-year average for this time of year. U.S. crude oil refinery inputs averaged 17.3 million barrels per day during which was 271 thousand barrels per day more than the previous week’s average. Refineries operated at 97.2% of their operable capacity last week. Gasoline production increased last week, averaging 9.9 million barrels per day. Distillate fuel production increased, averaging 5.4 million barrels per day. U.S. crude oil imports averaged 5.7 million barrels per day last week, decreased by 124 thousand barrels per day from the previous week. Over the past four weeks, crude oil imports averaged
about 5.7 million barrels per day, 6.9% less than the same four-week period last year. Total motor gasoline imports (including both finished gasoline and gasoline blending components) last week averaged 659 thousand barrels per day, and distillate fuel imports averaged 98 thousand
barrels per day. Total motor gasoline inventories slightly increased from last week and are 6% below the five-year average for this time of year. Finished gasoline inventories increased, while blending component inventories
decreased last week. Distillate fuel inventories increased by 1.1 million barrels last week and are about 9% below the five-year average for this time of year. Propane/propylene inventories increased by 2.5 million barrels from last week and are 34% above the five-year average for this
time of year. Total commercial petroleum inventories decreased by 3.7 million barrels last week. Total products supplied over the last four-week period averaged 20.3 million barrels per day, down by 2.3% from the same period last year. Over the past four weeks, motor gasoline product supplied averaged 8.9 million barrels per day, down by 0.3% from the same period last year. Distillate fuel product supplied averaged 3.7 million barrels per day over the past four weeks, up by 4.7% from the same period last year. Jet fuel product supplied was up 5.8% compared with the same four-week period last year.