US gasoline consumption rises as inventories decline

30 October 2013 17:00  [Source: ICIS news]

HOUSTON (ICIS)--US finished motor gasoline inventories fell by 0.8%, while consumption increased by 2.9%, the US Energy Information Administration (EIA) said on Wednesday.

Analysts expected a draw of 1.0m bbl.

Refinery utilisation rates were higher 87.3%, from 85.9% the prior week. The Gulf Coast region was the only one to have a reduction, falling to 86.0% from 87.4% the prior week.

Meanwhile, imports surged by 99,000 bbl/day to 537,000 bbl/day, while exports were at 380,000 bbl/day, up by 7,000 bbl/day.

Finished gasoline refers to the stage in the supply chain at which it reaches primary sources, such as blenders and terminals, before delivery to retail stations.

 

4-Oct

11-Oct

18-Oct

25-Oct

 

Gasoline Stocks

219.9

217.3

215.5

213.8

m bbl

Gasoline consumption

8,846

9,077

8,797

9,054

bbl/d *

*Figures are in thousand bbl


By: Bobbie Clark
+1 713 525 2653



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