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This Week in Petroleum

Release Date: March 13, 2024 Next Release Date: March 20, 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
  03/10/23 03/08/24 03/01/24 02/23/24 02/16/24 02/09/24 02/02/24 01/26/24
Contract 1 76.68 78.01 79.97 76.49 79.19 76.84 72.28 78.01
Contract 2 76.78 77.50 79.09 76.08 78.46 76.77 72.30 77.86
Contract 3 76.80 77.03 78.33 75.62 77.98 76.61 72.28 77.68
Contract 4 76.65 76.51 77.59 75.13 77.48 76.35 72.18 77.39

Crude oil stocks (million barrels) and days of supply

Crude oil stocks (million barrels) more stock data ›
  Year ago Most recent
  03/10/23 03/08/24 03/01/24 02/23/24 02/16/24 02/09/24 02/02/24 01/26/24
U.S. 480.1 447.0 448.5 447.2 443.0 439.4 427.4 421.9
East Coast (PADD 1) 6.6 8.1 8.3 7.5 7.2 7.7 7.0 7.6
Midwest (PADD 2) 125.0 117.3 118.2 116.2 114.1 112.3 109.5 107.5
Cushing, Oklahoma 37.9 31.5 31.7 31.0 29.5 28.8 28.1 28.1
Gulf Coast (PADD 3) 272.6 248.6 248.3 250.4 250.3 248.3 241.4 235.1
Rocky Mountain (PADD 4) 25.0 25.8 25.2 24.8 24.6 24.3 24.1 23.8
West Coast (PADD 5) 50.9 47.1 48.5 48.2 46.8 46.9 45.5 47.8
Days of supply (number of days) more supply data ›
  Year ago Most recent
  03/10/23 03/08/24 03/01/24 02/23/24 02/16/24 02/09/24 02/02/24 01/26/24
U.S. 31.8 29.7 30.4 30.5 30.1 29.5 27.7 26.7
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
  03/10/23 03/08/24 03/01/24 02/23/24 03/10/23 03/08/24 03/01/24 02/23/24
U.S. production 12.250 13.225 13.275 13.300 12.200 13.100 13.200 13.300
Crude oil imports (million barrels per day) more import data ›
  Year ago Four-week averages Year ago Week ending
  03/10/23 03/08/24 03/01/24 02/23/24 03/10/23 03/08/24 03/01/24 02/23/24
U.S. Crude oil, excluding SPR 6.255 6.438 6.682 6.604 6.216 5.491 7.222 6.385
Crude oil exports (million barrels per day) more export data ›
  Year ago Four-week averages Year ago Week ending
  03/10/23 03/08/24 03/01/24 02/23/24 03/10/23 03/08/24 03/01/24 02/23/24
U.S. exports 4.654 4.369 4.669 4.409 5.027 3.147 4.637 4.728

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
  03/10/23 03/08/24 03/01/24 02/23/24 03/10/23 03/08/24 03/01/24 02/23/24
U.S. 15.088 15.043 14.764 14.657 15.398 15.658 15.268 14.674
East Coast (PADD 1) 0.679 0.755 0.752 0.752 0.667 0.781 0.742 0.743
Midwest (PADD 2) 3.822 3.604 3.590 3.661 3.878 3.535 3.699 3.606
Gulf Coast (PADD 3) 8.076 8.180 7.933 7.741 8.251 8.753 8.292 7.894
Rocky Mountain (PADD 4) 0.527 0.526 0.547 0.566 0.532 0.519 0.516 0.492
West Coast (PADD 5) 1.985 1.978 1.943 1.936 2.069 2.070 2.020 1.939

Abbreviations: NA = Not Available  |  W = Data Withheld