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This Week in Petroleum

Release Date: May 8, 2024 Next Release Date: May 15, 2024

Crude oil futures and estimated contract prices (dollars per barrel)

Crude oil futures and estimated contract prices (dollars per barrel)more price data ›
  Year ago Most recent
  05/05/23 05/03/24 04/26/24 04/19/24 04/12/24 04/05/24 03/29/24 03/22/24
Contract 1 71.34 NA NA NA NA 86.91 NA 80.63
Contract 2 71.27 NA NA NA NA 86.10 NA 80.17
Contract 3 71.03 NA NA NA NA 85.20 NA 79.61
Contract 4 70.65 NA NA NA NA 84.24 NA 78.95
Note: Markets were closed on 3/29/2024. Futures Prices after April 5, 2024, are not available.

Crude oil stocks (million barrels) and days of supply

Crude oil stocks (million barrels) more stock data ›
  Year ago Most recent
  05/05/23 05/03/24 04/26/24 04/19/24 04/12/24 04/05/24 03/29/24 03/22/24
U.S. 462.6 459.5 460.9 453.6 460.0 457.3 451.4 448.2
East Coast (PADD 1) 8.8 8.8 8.3 8.3 8.6 7.9 7.4 8.8
Midwest (PADD 2) 119.9 122.4 120.7 119.9 119.0 119.9 119.5 119.2
Cushing, Oklahoma 34.0 35.3 33.5 32.4 33.0 33.0 33.2 33.5
Gulf Coast (PADD 3) 253.8 259.0 261.6 254.8 260.9 257.5 250.4 248.3
Rocky Mountain (PADD 4) 26.8 25.0 24.8 25.1 25.5 25.8 26.0 26.2
West Coast (PADD 5) 53.3 44.3 45.5 45.5 46.0 46.2 48.2 45.7
Days of supply (number of days) more supply data ›
  Year ago Most recent
  05/05/23 05/03/24 04/26/24 04/19/24 04/12/24 04/05/24 03/29/24 03/22/24
U.S. 29.3 29.0 29.2 28.6 29.0 28.9 28.5 28.6
Note: Days of Supply calculated as: U.S. crude oil stocks / Four-week average U.S. crude oil refinery inputs

Crude oil production, imports, and exports (million barrels per day)

Crude oil production (million barrels per day)more production data ›
  Year ago Four-week averages Year ago Week ending
  05/05/23 05/03/24 04/26/24 04/19/24 05/05/23 05/03/24 04/26/24 04/19/24
U.S. production 12.275 13.100 13.100 13.100 12.300 13.100 13.100 13.100
Crude oil imports (million barrels per day) more import data ›
  Year ago Four-week averages Year ago Week ending
  05/05/23 05/03/24 04/26/24 04/19/24 05/05/23 05/03/24 04/26/24 04/19/24
U.S. Crude oil, excluding SPR 6.155 6.675 6.541 6.503 5.553 6.969 6.772 6.497
Crude oil exports (million barrels per day) more export data ›
  Year ago Four-week averages Year ago Week ending
  05/05/23 05/03/24 04/26/24 04/19/24 05/05/23 05/03/24 04/26/24 04/19/24
U.S. exports 4.251 4.573 4.133 4.159 2.876 4.468 3.918 5.179

Crude oil refinery inputs (million barrels per day)

Crude oil refinery inputs (million barrels per day)more refinery input data ›
  Year ago Four-week averages Year ago Week ending
  05/05/23 05/03/24 04/26/24 04/19/24 05/05/23 05/03/24 04/26/24 04/19/24
U.S. 15.789 15.843 15.802 15.866 15.745 15.948 15.641 15.871
East Coast (PADD 1) 0.784 0.803 0.774 0.769 0.782 0.864 0.789 0.756
Midwest (PADD 2) 3.599 3.569 3.551 3.610 3.580 3.589 3.542 3.559
Gulf Coast (PADD 3) 8.873 8.799 8.779 8.800 8.935 8.845 8.637 8.885
Rocky Mountain (PADD 4) 0.511 0.567 0.568 0.555 0.465 0.579 0.576 0.562
West Coast (PADD 5) 2.022 2.105 2.130 2.132 1.983 2.071 2.096 2.109

Abbreviations: NA = Not Available  |  W = Data Withheld