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This Week in Petroleum

Release Date: February 22, 2024 Next Release Date: February 28, 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
  02/17/23 02/16/24 02/09/24 02/02/24 01/26/24 01/19/24 01/12/24 01/05/24
Contract 1 76.34 79.19 76.84 72.28 78.01 73.41 72.68 73.81
Contract 2 76.55 78.46 76.77 72.30 77.86 73.25 72.79 73.86
Contract 3 76.70 77.98 76.61 72.28 77.68 73.12 72.88 73.87
Contract 4 76.71 77.48 76.35 72.18 77.39 72.99 72.93 73.81

Crude oil stocks (million barrels) and days of supply

Crude oil stocks (million barrels) more stock data ›
  Year ago Most recent
  02/17/23 02/16/24 02/09/24 02/02/24 01/26/24 01/19/24 01/12/24 01/05/24
U.S. 479.0 443.0 439.4 427.4 421.9 420.7 429.9 432.4
East Coast (PADD 1) 8.0 7.2 7.7 7.0 7.6 7.6 7.8 7.1
Midwest (PADD 2) 127.9 114.1 112.3 109.5 107.5 108.9 114.1 117.0
Cushing, Oklahoma 40.4 29.5 28.8 28.1 28.1 30.1 32.1 34.2
Gulf Coast (PADD 3) 267.9 250.3 248.3 241.4 235.1 232.0 235.8 235.5
Rocky Mountain (PADD 4) 25.2 24.6 24.3 24.1 23.8 23.6 25.1 25.7
West Coast (PADD 5) 49.9 46.8 46.9 45.5 47.8 48.5 47.0 47.1
Days of supply (number of days) more supply data ›
  Year ago Most recent
  02/17/23 02/16/24 02/09/24 02/02/24 01/26/24 01/19/24 01/12/24 01/05/24
U.S. 31.7 30.1 29.5 27.7 26.7 25.8 25.9 26.1
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
  02/17/23 02/16/24 02/09/24 02/02/24 02/17/23 02/16/24 02/09/24 02/02/24
U.S. production 12.275 13.225 12.975 12.975 12.300 13.300 13.300 13.300
Crude oil imports (million barrels per day) more import data ›
  Year ago Four-week averages Year ago Week ending
  02/17/23 02/16/24 02/09/24 02/02/24 02/17/23 02/16/24 02/09/24 02/02/24
U.S. Crude oil, excluding SPR 6.725 6.409 6.140 6.378 6.326 6.654 6.470 6.907
Crude oil exports (million barrels per day) more export data ›
  Year ago Four-week averages Year ago Week ending
  02/17/23 02/16/24 02/09/24 02/02/24 02/17/23 02/16/24 02/09/24 02/02/24
U.S. exports 3.534 4.201 4.068 4.238 4.597 4.965 4.347 3.596

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
  02/17/23 02/16/24 02/09/24 02/02/24 02/17/23 02/16/24 02/09/24 02/02/24
U.S. 15.102 14.701 14.877 15.404 15.010 14.574 14.542 14.840
East Coast (PADD 1) 0.713 0.751 0.759 0.745 0.675 0.756 0.767 0.743
Midwest (PADD 2) 3.829 3.712 3.764 3.913 3.773 3.574 3.481 3.984
Gulf Coast (PADD 3) 8.090 7.707 7.781 8.125 8.055 7.782 7.764 7.526
Rocky Mountain (PADD 4) 0.483 0.581 0.580 0.574 0.498 0.579 0.601 0.593
West Coast (PADD 5) 1.986 1.951 1.993 2.047 2.009 1.882 1.931 1.993

Abbreviations: NA = Not Available  |  W = Data Withheld