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This Week in Petroleum

Release Date: May 15, 2024 Next Release Date: May 22, 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
  05/12/23 05/10/24 05/03/24 04/26/24 04/19/24 04/12/24 04/05/24 03/29/24
Contract 1 70.04 NA NA NA NA NA 86.91 NA
Contract 2 70.02 NA NA NA NA NA 86.10 NA
Contract 3 69.83 NA NA NA NA NA 85.20 NA
Contract 4 69.50 NA NA NA NA NA 84.24 NA
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
  05/12/23 05/10/24 05/03/24 04/26/24 04/19/24 04/12/24 04/05/24 03/29/24
U.S. 467.6 457.0 459.5 460.9 453.6 460.0 457.3 451.4
East Coast (PADD 1) 8.7 8.0 8.8 8.3 8.3 8.6 7.9 7.4
Midwest (PADD 2) 122.7 122.7 122.4 120.7 119.9 119.0 119.9 119.5
Cushing, Oklahoma 35.5 35.0 35.3 33.5 32.4 33.0 33.0 33.2
Gulf Coast (PADD 3) 256.2 257.9 259.0 261.6 254.8 260.9 257.5 250.4
Rocky Mountain (PADD 4) 27.4 24.7 25.0 24.8 25.1 25.5 25.8 26.0
West Coast (PADD 5) 52.6 43.8 44.3 45.5 45.5 46.0 46.2 48.2
Days of supply (number of days) more supply data ›
  Year ago Most recent
  05/12/23 05/10/24 05/03/24 04/26/24 04/19/24 04/12/24 04/05/24 03/29/24
U.S. 29.5 28.7 29.0 29.2 28.6 29.0 28.9 28.5
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
  05/12/23 05/10/24 05/03/24 04/26/24 05/12/23 05/10/24 05/03/24 04/26/24
U.S. production 12.250 13.100 13.100 13.100 12.200 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
  05/12/23 05/10/24 05/03/24 04/26/24 05/12/23 05/10/24 05/03/24 04/26/24
U.S. Crude oil, excluding SPR 6.296 6.746 6.675 6.541 6.860 6.744 6.969 6.772
Crude oil exports (million barrels per day) more export data ›
  Year ago Four-week averages Year ago Week ending
  05/12/23 05/10/24 05/03/24 04/26/24 05/12/23 05/10/24 05/03/24 04/26/24
U.S. exports 4.186 4.425 4.573 4.133 4.310 4.135 4.468 3.918

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
  05/12/23 05/10/24 05/03/24 04/26/24 05/12/23 05/10/24 05/03/24 04/26/24
U.S. 15.826 15.929 15.843 15.802 15.990 16.255 15.948 15.641
East Coast (PADD 1) 0.781 0.798 0.803 0.774 0.767 0.785 0.864 0.789
Midwest (PADD 2) 3.585 3.630 3.569 3.551 3.609 3.832 3.589 3.542
Gulf Coast (PADD 3) 8.941 8.845 8.799 8.779 9.052 9.013 8.845 8.637
Rocky Mountain (PADD 4) 0.484 0.574 0.567 0.568 0.480 0.580 0.579 0.576
West Coast (PADD 5) 2.036 2.081 2.105 2.130 2.082 2.045 2.071 2.096

Abbreviations: NA = Not Available  |  W = Data Withheld