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The US Energy Information Administration (EIA) reported an inventory draw of 900,000 barrels for the week to November 26. At 433.1 million barrels, the authority said, crude oil inventories in the United States remain below the five-year seasonal average. In gasoline, the EIA estimated an inventory increase of 4 million barrels for Thanksgiving week, which compared with a decline of 600,000 barrels for the previous week. The US Gasoline production last week stood at an average of 9.6 million bpd, compared with 10.1 million bpd in the previous week. In middle distillates, the EIA estimated a stock build of 2.2 million barrels for the week to November 26, which compared with a draw of 2 million barrels for the previous week. Middle distillate production last week averaged 4.9 million bpd, which compared with 4.8 million bpd for the week earlier. The US Refinery runs averaged 15.6 million bpd last week, which was almost unchanged on the previous week. Powered by Commodity Insights
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